Why is Confidence Petro falling/rising?

As of 01-Jul, Confidence Petroleum India Ltd is currently priced at 52.15, reflecting a decrease of 0.06 or 0.11%. The stock has underperformed significantly over the past week and month, with declines of 8.65% and 11.16%, respectively. Today's performance indicates that the stock has outperformed its sector by 0.86%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 13.39% compared to the 5-day average. Despite a strong ability to service debt and attractive valuations relative to peers, the stock's performance has been negatively impacted by a significant year-to-date decline of 25.61% and a 1-year decline of 35.53%, alongside a 10.6% drop in profits.
In the broader market context, the Sensex has shown positive returns of 2.00% over the past week and 2.76% over the past month, contrasting sharply with Confidence Petroleum's negative performance during the same periods. This disparity highlights the stock's struggles in a generally rising market. While the company has demonstrated strong operational metrics, such as a high operating profit to interest ratio and record net sales, the overall decline in stock price suggests that investor sentiment remains cautious, likely influenced by the broader market trends and the company's recent profit declines.