Why is B P C L falling/rising?

As of 29-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 334.00, reflecting an increase of 0.7 (0.21%). The stock has been gaining for the last two days, with a total return of 0.36% during this period. However, it has underperformed its sector by 1.18% today. The stock is trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. Despite a year-to-date return of 14.25%, the stock has seen a decline of 1.12% over the past year, with profits falling by 49.7%. Positive factors include a high dividend yield of 4.65%, strong management efficiency with a ROCE of 15.97%, and increased institutional holdings, which suggest confidence in the company's fundamentals.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark Sensex, which has seen a decline of 1.03% over the past week, while BPCL has fallen by 1.85%. The stock's recent gains may be attributed to rising investor participation, as evidenced by a 26.09% increase in delivery volume. However, the overall market sentiment appears cautious, given the flat results reported for the previous quarter and a significant decline in profit margins. This combination of factors indicates that while BPCL is experiencing some upward movement, it is still navigating challenges that may affect its longer-term performance.