Why is Gujarat Gas falling/rising?

As of 17-Jul, Gujarat Gas Ltd. has seen a slight increase in its stock price, currently at 476.35, reflecting a change of 1.85 or 0.39% upward. The stock has been gaining for the last three days, with a total return of 2.94% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. However, there is a noted decline in investor participation, with delivery volume falling by 18.82% compared to the 5-day average. Despite a significant drop of 25.38% in returns over the past year, the company has shown a profit increase of 4.2%, and it maintains a high management efficiency with a return on equity (ROE) of 20.26%. The stock is trading at a discount compared to its peers, which may attract some investors.
In the broader market context, Gujarat Gas's short-term performance of +0.75% over the past week contrasts with the Sensex, which has declined by 1.12% during the same period. While the stock has underperformed in the long term, with a year-to-date return of -4.73% compared to the Sensex's +5.27%, its recent gains may be influenced by high institutional holdings at 25.79%, suggesting confidence from more knowledgeable investors. Nonetheless, the company faces challenges such as poor long-term growth and below-par performance metrics, which could temper enthusiasm despite the recent uptick in price.