Why is Castrol India falling/rising?

As of 22-Jul, Castrol India Ltd. is experiencing a slight decline in its stock price, currently at 219.90, which reflects a change of -0.05 or -0.02%. The stock has been losing value for the last three days, resulting in a total drop of -1.65% during this period. Despite this recent downturn, the stock has shown a positive performance over the past month with a gain of +6.03%. However, it has underperformed over the past year, with a decline of -12.08%. The stock's delivery volume has significantly decreased by -67.44% compared to the 5-day average, indicating falling investor participation. On a positive note, the company boasts a high dividend yield of 5.91%, high management efficiency with a return on equity (ROE) of 42.39%, and a low debt-to-equity ratio, which may support its valuation despite recent price movements.
In the broader market context, Castrol India's short-term performance has been relatively weaker compared to the benchmark Sensex, which has only declined by -0.47% over the same week. While the stock has outperformed the benchmark over the longer term, such as a +100.09% return over three years compared to the Sensex's +46.57%, the recent trend suggests a cautious sentiment among investors. The high institutional holdings at 25.24% indicate that more sophisticated investors are involved, which could provide some stability. However, the current liquidity and reduced trading volume may reflect a lack of confidence among retail investors, contributing to the stock's recent price decline.