Why is C P C L falling/rising?

As of 30-Jun, Chennai Petroleum Corporation Ltd (CPCL) is experiencing a decline in its stock price, currently at Rs 679.60, which represents a decrease of 1.2 points or 0.18%. The stock has fallen after two consecutive days of gains and has underperformed the sector by 0.48% today. Despite touching an intraday high of Rs 694.75 earlier in the day, the stock's performance over the past week shows a decline of 3.47%, while it has gained 0.63% over the past month. The stock is trading above its moving averages, indicating some strength, but a significant drop in investor participation, with delivery volume falling by 43.54% against the five-day average, suggests a lack of buying interest. Additionally, while the stock has a high dividend yield of 8.08%, its profits have plummeted by 92.2% over the past year, contributing to a substantial year-on-year decline of 30.85%.
In the broader market context, CPCL's recent performance contrasts with the Sensex, which has increased by 2.09% over the past week and 2.65% over the past month. This underperformance relative to the benchmark indicates that investor sentiment towards CPCL may be weakening despite its high management efficiency and attractive valuation metrics. The stock's long-term growth potential remains healthy, with an annual operating profit growth rate of 16.57%, but the recent drop in profits and the decline in investor participation may be causing concern among investors, leading to the current downward price movement.