Why is Confidence Petro falling/rising?

As of 02-Jul, Confidence Petroleum India Ltd is experiencing a decline in its stock price, currently at 52.10, which reflects a decrease of 0.05 or 0.1%. The stock has underperformed its sector by 1.09% today and has been on a downward trend, losing value for the past two days with a total return drop of 0.21%. Over the past week, the stock has decreased by 8.84%, and its year-to-date performance shows a significant decline of 25.68%. Despite having a strong ability to service debt with a low Debt to EBITDA ratio of 0.97 times, the stock's performance has been adversely affected by a 10.6% fall in profits over the past year, contributing to its overall negative returns.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.79% over the past week, Confidence Petroleum's short-term performance is notably weaker. The Sensex has also shown a positive return of 2.50% over the past month, while Confidence Petroleum has dropped 14.53% in the same timeframe. The stock's trading below all major moving averages and a significant decrease in investor participation, with delivery volume falling by 63.68% against the five-day average, further underscores the challenges it faces in the current market environment.