Why is C P C L falling/rising?

As of 01-Jul, Chennai Petroleum Corporation Ltd's stock price is currently at Rs 681.00, reflecting an increase of Rs 1.4 or 0.21%. Despite this slight rise, the stock has underperformed its sector by 1.08% today. The stock reached an intraday high of Rs 699, which represents a 2.85% increase. Over the past week, the stock has declined by 0.72%, while it has shown a modest gain of 0.84% over the past month. However, the stock has experienced a significant drop of 30.70% over the past year, with profits plummeting by 92.2%. The company boasts a high dividend yield of 8.09%, and its management efficiency is reflected in a high return on capital employed (ROCE) of 23.43%. Despite these strengths, the stock is trading at a discount compared to its peers, indicating a potential for recovery, although recent investor participation has fallen sharply.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 2.00% over the past week and 2.76% over the past month, Chennai Petroleum Corporation Ltd's short-term performance has lagged behind. While the stock has shown a strong return of 129.14% over the past three years, its recent underperformance highlights a disconnect with broader market trends. The Sensex has also outperformed the stock over the year, with a gain of 5.31%. This broader market context suggests that while the company has potential for long-term growth, its recent struggles may be influenced by overall market conditions and investor sentiment.