Why is Indraprastha Gas falling/rising?

As of 07-Jul, Indraprastha Gas Ltd is experiencing a price increase, currently at 226.90, reflecting a change of 0.65 or 0.29% upward. The stock has shown strong performance recently, outperforming its sector by 0.47% today and achieving a consecutive gain over the last two days with a total return of 3.58%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 4.08%, and in the last month, it has increased by 8.12%. However, it is important to note that the stock has underperformed over the past year, with a decline of 13.08%, despite high management efficiency indicated by a return on equity (ROE) of 19.15% and a low debt-to-equity ratio.
In the broader market context, while Indraprastha Gas has shown positive short-term returns, the benchmark Sensex has seen a slight decline of 0.20% over the past week, indicating that the stock is performing well relative to the market. Despite its recent gains, the stock has faced challenges, including poor long-term growth with an operating profit growth rate of only 3.39% over the last five years and a significant underperformance compared to the market over the past year. High institutional holdings at 45.85% suggest confidence from larger investors, which may support the stock's upward movement. However, the stock's negative returns over the past year highlight ongoing concerns regarding its long-term growth potential.