Why is Petronet LNG falling/rising?

As of 24-Jul, Petronet LNG Ltd. is experiencing a slight increase in its stock price, currently at 307.50, reflecting a change of 0.75 or 0.24% upward. The stock has shown a positive trend over the last two days, gaining 1.37% in that period. It is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The stock has a high dividend yield of 3.26%, and recent investor participation has increased, with delivery volume rising by 0.56% against the 5-day average. Despite a year-to-date decline of 11.10%, the company has shown an 8.8% increase in profits over the past year, contributing to a more attractive valuation with a Price to Book Value of 2.3.
In the broader market context, Petronet LNG's short-term performance over the past week shows a decline of 0.87%, while the benchmark Sensex has only decreased by 0.09%, indicating underperformance relative to the market. However, the stock's performance over the past month is more favorable, with a return of 2.69% compared to the Sensex's 0.16%. The company benefits from high management efficiency, indicated by a return on equity (ROE) of 22.56%, and a low debt-to-equity ratio, which supports its stability. Additionally, high institutional holdings at 39.9% suggest confidence from larger investors, which may positively influence retail investor sentiment.