Why is B P C L falling/rising?

As of 03-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 331.25, reflecting a decrease of 0.65, or 0.2%. The stock has been underperforming its sector, with a performance today that is down by 0.4%. It has experienced a consecutive fall over the last two days, resulting in a total decline of 0.21%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. The stock has shown strong returns over various periods, including a 6.98% increase over the past month and a 13.31% rise year-to-date. However, it is important to note that while the stock has generated an 8.04% return over the past year, its profits have significantly decreased by 49.7%, which may be contributing to the current downward pressure on the stock price.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a decline of 0.62% over the past week. Despite the short-term challenges, BPCL has demonstrated strong long-term growth, with an annual operating profit growth rate of 33.57% and a high return on capital employed (ROCE) of 15.97%. The stock is also trading at a discount compared to its peers, supported by a high dividend yield of 4.67% and significant institutional holdings at 37.76%. These factors suggest that while the stock is currently facing some headwinds, its underlying fundamentals remain strong, which could provide a basis for recovery in the future.