Why is Guj.St.Petronet falling/rising?

As of 22-Aug, Gujarat State Petronet Ltd's stock price is currently at 304.20, reflecting a decrease of 3.0 points or 0.98%. The stock has underperformed its sector by 0.61% today and is trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a negative return of 7.96% over the past month and a significant decline of 15.78% year-to-date, indicating a troubling trend. The company's performance has been further impacted by a substantial drop in investor participation, with delivery volume falling by 73.73% against the 5-day average. Despite having a high management efficiency with a return on equity (ROE) of 17.56% and a low debt-to-equity ratio of 0.07, the stock's valuation remains attractive at a price-to-book value of 1.5. However, the company has reported negative results for the last four consecutive quarters, leading to a decline in profits by 36.6% over the past year.
In the broader market context, Gujarat State Petronet's short-term return of 1.10% over the past week has outperformed the Sensex, which returned 0.88% in the same period. However, the stock's long-term performance has been disappointing, with a return of -8.69% over the past year compared to a modest gain of 0.31% for the Sensex. The company's poor long-term growth prospects, highlighted by a negative annual operating profit growth rate of 4.72% over the last five years, and the lowest interest coverage ratio and return on capital employed (ROCE) further contribute to the stock's decline. The high institutional holdings at 42.82% suggest that these investors are likely to have a better understanding of the company's fundamentals, which may lead to cautious sentiment regarding the stock's future performance.