Why is B P C L falling/rising?

As of 01-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 331.95, reflecting a slight increase of 0.45 or 0.14%. Despite this modest rise, the stock has underperformed its sector by 1.09% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 23.35% compared to the 5-day average. Over the past week, the stock has gained 3.96%, and year-to-date, it has increased by 13.55%, outperforming the Sensex, which has risen by 7.11%. While the stock has generated a return of 9.01% over the past year, it is important to note that profits have decreased by 49.7%, which may be contributing to mixed investor sentiment.
In the broader market context, BPCL's recent performance has been strong compared to the benchmark, as it has outperformed the BSE500 over various time frames, including the last three years. The stock's high management efficiency, indicated by a return on capital employed (ROCE) of 15.97%, and a high dividend yield of 4.68% suggest a solid valuation, especially as it trades at a discount to its peers. Additionally, the presence of high institutional holdings at 37.76% indicates confidence from more sophisticated investors. However, the decline in profits could be a concern for potential investors, leading to a cautious outlook despite the stock's overall positive performance metrics.