Why is B P C L falling/rising?

As of 26-Jun, Bharat Petroleum Corporation Ltd's stock price is rising, currently at Rs 329.60, reflecting an increase of Rs 10.1 or 3.16%. The stock has shown strong performance today, outperforming its sector by 1.21% and achieving a consecutive gain over the last three days, with a total return of 5.25% during this period. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. Despite a decline in delivery volume by 15.47% compared to the five-day average, the stock's high dividend yield of 4.85% and strong management efficiency, evidenced by a high return on capital employed (ROCE) of 15.97%, contribute to its attractiveness. However, it is important to note that while the stock has generated a return of 10.44% over the past year, its profits have decreased by 49.7%, which could raise concerns among investors.
In the broader market context, Bharat Petroleum's short-term return of 5.20% over the past week significantly outpaces the Sensex's return of 2.94%, highlighting its strong performance relative to the benchmark. The stock has consistently outperformed the BSE 500 over various time frames, including the last three years, one year, and three months, reinforcing its market-beating status. This positive trend, combined with high institutional holdings at 37.76%, suggests that informed investors have confidence in the company's fundamentals, further supporting the stock's upward movement.