Why is Linde India falling/rising?

As of 13-Aug, Linde India Ltd. is experiencing a slight increase in its stock price, currently at 6,225.00, with a change of 13.5 (0.22%) upwards. Despite this minor uptick, the stock has shown a negative performance over the past week and month, with declines of 3.59% and 8.52%, respectively. The stock has outperformed its sector today by 1.12% and has gained after three consecutive days of decline. However, it is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.46% against the five-day average. The company's low debt-to-equity ratio and majority ownership by promoters are positive factors, but the stock's long-term growth outlook is hindered by poor net sales growth and low return on capital employed.
In the broader market context, Linde India has underperformed the benchmark Sensex, which has seen a negligible change of -0.01% over the past week. While the stock has generated a return of -16.33% over the past year, the Sensex has increased by 2.01%, highlighting a significant disparity in performance. The company's valuation appears expensive compared to its peers, with a high price-to-book value ratio and a PEG ratio of 118.2, suggesting that investors may be cautious. Overall, while there is a slight positive movement in the stock price today, the underlying factors indicate ongoing challenges that could affect its future performance.