Why is B P C L falling/rising?

As of 23-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 344.40, reflecting an increase of 4.1, or 1.2%. Today's performance indicates that the stock has outperformed its sector by 0.47%. The stock is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Despite a recent decline in investor participation, with delivery volume falling by 11.52% against the 5-day average, the stock maintains a high dividend yield of 4.55%. Over the past month, the stock has shown a strong return of 9.98%, significantly outperforming the Sensex, which only increased by 1.01%. The company's high management efficiency, indicated by a return on capital employed (ROCE) of 15.97%, and consistent returns over the last three years contribute positively to its valuation, despite a notable profit decline of 49.7% over the past year.
Broader Market Context: In the short term, Bharat Petroleum's stock has underperformed the benchmark, with a weekly return of -0.93% compared to the Sensex's slight gain of 0.11%. However, the stock's year-to-date performance shows a robust increase of 17.80%, in contrast to the Sensex's 5.87% rise, indicating a stronger long-term growth trajectory. The high institutional holdings at 37.76% suggest that informed investors are confident in the company's fundamentals, which may provide stability and support for the stock's price amidst broader market fluctuations.