Why is Coal India falling/rising?

As of 04-Aug, Coal India Ltd. is experiencing a price increase, with its current price at 374.75, reflecting a change of 2.25 or 0.6% upward. Despite this recent gain, the stock has underperformed its sector by 0.97% today and is trading below its moving averages across various time frames. Over the past week, the stock has seen a decline of 0.95%, and its performance over the last month shows a decrease of 2.93%. The company has a strong long-term fundamental strength, evidenced by a high return on equity (ROE) of 40.88% and a low debt-to-equity ratio, but it has faced challenges with a significant year-over-year decline of 28.56% in stock returns and a 12.4% drop in profits. The recent rise in delivery volume by 132.62% indicates increased investor participation, which may contribute positively to the stock's movement.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, while Coal India has declined, highlighting its underperformance relative to the benchmark. The stock's year-to-date performance is down 2.38%, contrasting with the Sensex's gain of 3.69%. Although the stock has a high dividend yield of 7.11% and strong institutional holdings at 30.93%, the negative results reported in June, including a 20.2% fall in profit after tax, have weighed heavily on investor sentiment. Overall, while there are some positive indicators, the stock's recent movement is influenced by a combination of short-term underperformance and long-term fundamental strengths that have yet to translate into consistent price appreciation.