Why is Mahanagar Gas falling/rising?

As of 20-Aug, Mahanagar Gas Ltd. is currently priced at 1,338.30, reflecting a slight increase of 1.1 (0.08%). Despite this minor uptick, the stock has underperformed its sector by 0.82% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 0.24%, and over the past month, it has dropped by 11.49%. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 59.02% compared to the 5-day average. While the company boasts a high management efficiency with a return on equity (ROE) of 17.70% and a low debt-to-equity ratio, its stock has generated a return of -26.83% over the past year, indicating challenges despite healthy long-term growth in net sales.
In the broader market context, Mahanagar Gas's short-term performance contrasts sharply with the Sensex, which has increased by 1.64% over the past week. The stock's year-to-date return of 4.21% is slightly below the Sensex's 4.76%, suggesting that while the stock has shown some resilience, it has not kept pace with the broader market. The company’s high institutional holdings at 58% may provide some stability, as these investors typically have better resources to analyze fundamentals. However, the overall negative return trend and recent performance metrics indicate that investor sentiment may be cautious, contributing to the stock's recent struggles.