Why is B P C L falling/rising?

As of 08-Jul, Bharat Petroleum Corporation Ltd's stock price is rising, currently at 355.50, reflecting an increase of 5.05 or 1.44%. The stock has shown strong performance today, outperforming its sector by 1.43% and achieving a consecutive gain over the last three days with a total return of 7.32%. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company also boasts a high dividend yield of 4.42% at the current price, which, combined with a high management efficiency reflected in a return on capital employed (ROCE) of 15.97%, contributes to its attractiveness. Despite a significant drop in profits over the past year, the stock has generated an 18.68% return, supported by high institutional holdings and consistent performance over the last three years.
In the broader market context, Bharat Petroleum's stock has outperformed the Sensex, with a 1-week return of 7.09% compared to the benchmark's negligible increase of 0.02%. This trend continues over the past month, where the stock rose by 12.27% against the Sensex's 1.85%. The rising investor participation, evidenced by a 15.32% increase in delivery volume, further underscores the stock's positive momentum. Overall, the combination of strong short-term performance, high dividend yield, and institutional backing positions Bharat Petroleum favorably in the market, contributing to its rising stock price.