Why is B P C L falling/rising?

As of 16-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 347.65, reflecting a decrease of 1.35, or 0.39%. The stock has underperformed its sector by 0.5% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.63%, while it has shown a strong performance over the past month with a return of 9.93%. However, the stock's delivery volume has fallen by 20.82% against the 5-day average, indicating a decrease in investor participation. While the stock has a high dividend yield of 4.44% and has demonstrated consistent returns over the past three years, it has also faced challenges, including a significant drop in profits by 49.7% over the past year.
In the broader market context, the stock's short-term performance has been better than the benchmark Sensex, which has declined by 1.08% over the same week. Despite the recent price drop, BPCL has shown healthy long-term growth with an annual operating profit increase of 33.57% and a high return on capital employed (ROCE) of 15.97%. However, the company has also reported flat results in March and a significant decline in its PAT for the first nine months, which may be contributing to the current price movement. The high institutional holdings at 37.76% suggest confidence from larger investors, yet the overall market sentiment appears cautious, reflecting the mixed performance indicators and recent profit declines.