Why is C P C L falling/rising?

As of 17-Jul, Chennai Petroleum Corporation Ltd's stock price is currently at 745.30, reflecting a decrease of 3.95 points or 0.53%. The stock has experienced a trend reversal, falling after three consecutive days of gains. Despite this recent decline, the stock has shown strong performance over the past month, with a return of 17.03%, significantly outperforming the Sensex, which has only increased by 0.83%. The stock is trading above its moving averages, indicating a generally positive trend, and has a high dividend yield of 7.34%. However, the company has faced challenges, including a substantial year-over-year decline of 38.56% in stock returns and a significant drop in profits by 92.2% over the past year, which may contribute to the current price movement.
In the broader market context, while the stock has performed well in the short term compared to the benchmark, it has underperformed significantly over the last year, generating negative returns while the broader market has seen slight gains. Additionally, there has been a decrease in institutional investor participation, which may signal a lack of confidence among more experienced investors. This decline in institutional stakes, combined with flat results in recent financial reports, could be influencing the stock's current downward movement despite its attractive valuation metrics and high management efficiency.