Why is B P C L falling/rising?

As of 31-Jul, Bharat Petroleum Corporation Ltd's stock price is currently at 329.10, reflecting a decrease of 7.85 points or 2.33%. Today, the stock has underperformed its sector by 0.92% and opened with a significant loss of 3.49%. It has experienced a trend reversal, falling after three consecutive days of gains, and reached an intraday low of Rs 323.35, which is a decline of 4.04%. Over the past week, the stock has decreased by 3.72%, while its one-month performance shows a slight decline of 0.86%. Despite these short-term setbacks, the stock has shown a year-to-date increase of 12.57%, indicating overall positive momentum. Factors contributing to its recent decline include a high debtors turnover ratio and a significant drop in profits over the past year, which has led to concerns among investors.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only declined by 1.22% over the past week. While BPCL's stock has shown strong long-term growth with a 99.21% increase over three years, it has underperformed in the short term compared to the benchmark. The stock's high dividend yield of 6.2% and increased institutional holdings suggest potential for recovery, as institutional investors typically have better resources for analyzing company fundamentals. However, the flat results reported for March and the significant drop in profits may weigh on investor sentiment, contributing to the stock's current downward movement.