Why is Castrol India falling/rising?

As of 07-Jul, Castrol India Ltd. is currently priced at 222.15, reflecting a rise of 1.3 or 0.59%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 0.82% today. Despite a significant drop in delivery volume by 60.67% against the 5-day average, the stock maintains a high dividend yield of 5.89%. Over the past week, the stock has increased by 0.20%, while its one-month return stands at 2.44%. The company exhibits strong fundamentals, including a high return on equity of 42.39%, a low debt-to-equity ratio, and increased institutional holdings, which have risen by 1.23% over the previous quarter.
In the broader market context, Castrol India's recent performance contrasts with the Sensex, which has declined by 0.20% over the past week. While the stock has outperformed the benchmark in the short term, it has underperformed over the longer one-year period, showing a decline of 11.69% compared to the Sensex's gain of 4.31%. The company's substantial market capitalization of Rs 21,845 crore, representing 56.34% of its sector, indicates its dominance, which may provide some stability despite the recent fluctuations. Overall, the combination of strong management efficiency, institutional support, and a solid market position contributes positively to the stock's current upward movement.