Why is Castrol India falling/rising?

As of 09-Jul, Castrol India Ltd. is experiencing a price increase, with its current price at Rs 223.25, reflecting a rise of Rs 5.25 or 2.41%. Today's performance indicates that the stock has outperformed its sector by 0.81%, reaching an intraday high of Rs 223.55. Despite a recent decline in delivery volume by 36.87% against the 5-day average, the stock is trading above all key moving averages, which suggests a positive trend. Over the past year, the stock has seen a decline of 10.81%, but it has performed well year-to-date with a gain of 13.15%. The company's high management efficiency, indicated by a return on equity (ROE) of 42.39%, and a low debt-to-equity ratio contribute positively to investor sentiment. Additionally, high institutional holdings at 25.22%, which have increased by 1.23% over the previous quarter, reflect confidence in the company's fundamentals.
In the broader market context, Castrol India's short-term performance has been slightly weaker than the benchmark Sensex, which has gained 0.15% over the past week while Castrol has declined by 1.04%. However, over the past month, Castrol has outperformed the benchmark with a return of 1.36% compared to the Sensex's 1.32%. The stock's strong liquidity and high dividend yield of 5.96% further enhance its attractiveness to investors. Overall, while there are some short-term challenges reflected in the declining delivery volumes, the company's solid fundamentals and recent price movements indicate a positive outlook.