Why is Castrol India falling/rising?

As of 30-Jun, Castrol India Ltd. is experiencing a positive price movement, with its current price at Rs 221.70, reflecting an increase of Rs 4.95 or 2.28%. The stock has been on an upward trend, gaining for the last seven days and achieving a total return of 7.83% during this period. It has outperformed its sector by 0.47% today and has consistently traded above its moving averages across various timeframes. Additionally, the stock's strong performance is supported by a high dividend yield of 6% and significant investor participation, as evidenced by a 141.75% increase in delivery volume compared to the five-day average. The company's robust fundamentals, including a high return on equity (ROE) of 42.39% and a low debt-to-equity ratio, further bolster investor confidence.
In the broader market context, Castrol India's one-week return of 6.84% significantly outpaces the Sensex's return of 2.09%, indicating strong relative performance. Year-to-date, the stock has risen by 12.37%, compared to the Sensex's 7.00%, showcasing its resilience and attractiveness to investors. The company's substantial market capitalization and its dominance in the sector, constituting 56.60% of the industry, along with an increase in institutional holdings, suggest a favorable outlook that contributes to the stock's upward momentum.