Why is Gujarat Gas falling/rising?

As of 16-Jul, Gujarat Gas Ltd. is experiencing a rise in its stock price, currently at 474.50, reflecting an increase of 10.85 or 2.34%. The stock has been gaining for the last two days, with a total return of 2.54% during this period. Despite a recent outperformance against its sector by 1.96%, the stock has shown a decline of 5.10% year-to-date and a significant drop of 25.67% over the past year. The company maintains a high management efficiency with a return on equity (ROE) of 20.26% and a low debt-to-equity ratio, which may contribute positively to investor sentiment. However, the stock's long-term growth prospects appear weak, with net sales and operating profit growth rates of only 9.86% and 0.79%, respectively, over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark index, the Sensex, which has gained 5.75% year-to-date. While Gujarat Gas has outperformed the sector in the short term, its longer-term underperformance is notable, especially as it has generated negative returns compared to the market's positive trajectory. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume suggests a decline in investor participation, which could hinder future price movements. Overall, while the recent price increase may reflect short-term trading dynamics, the underlying fundamentals and broader market conditions indicate challenges ahead for Gujarat Gas Ltd.