Why is B P C L falling/rising?

As of 18-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 343.35, reflecting a decrease of 3.65, or 1.05%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 1.62% during this period. Despite this recent downturn, the stock has shown positive performance over the longer term, with a 1-month return of 8.69% and a year-to-date return of 17.44%. However, the stock's delivery volume has decreased significantly, down 32.34% compared to the 5-day average, indicating a drop in investor participation. While the stock boasts a high dividend yield of 4.47% and strong management efficiency with a high return on capital employed (ROCE), it has also faced challenges, including a substantial profit decline of 49.7% over the past year.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex over the last month, which saw a mere 0.38% increase. However, the stock's recent decline contrasts with its longer-term performance, where it has outperformed the BSE500 over various periods, including 3 years and 1 year. The overall market sentiment appears cautious, as indicated by the stock's underperformance against its sector today. Despite its attractive valuation and high institutional holdings, the recent flat results and declining profitability may be contributing to the stock's current downward trend.