Why is Petronet LNG falling/rising?

As of 15-Jul, Petronet LNG Ltd. has experienced a price increase, currently trading at 312.50, which reflects a rise of 9.25 or 3.05%. The stock has been gaining momentum over the last two days, with a total return of 4.15% during this period. It has outperformed its sector by 1.68% today and reached an intraday high of Rs 313. The stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, the company boasts a high dividend yield of 3.3% and has seen a significant increase in delivery volume, indicating rising investor participation. Despite a year-to-date decline of 9.66%, the stock's profits have increased by 8.8%, contributing to a more attractive valuation.
In the broader market context, Petronet LNG's short-term performance has been favorable compared to the Sensex, which has declined by 1.36% over the past week while the stock has risen by 2.44%. However, the company has faced challenges in the long term, with a negative return of -10.68% over the past year and underperformance relative to the BSE500. Factors such as high management efficiency, a low debt-to-equity ratio, and significant institutional holdings support the stock's recent rise, while concerns about poor long-term growth and flat quarterly results may temper investor enthusiasm. Overall, the stock's recent upward movement is bolstered by positive short-term indicators and strong fundamentals, despite the backdrop of longer-term challenges.