Why is Gandhar Oil Ref. falling/rising?

As of 25-Aug, Gandhar Oil Refinery (India) Ltd is experiencing a price increase, currently at 151.50, reflecting a change of 0.9 or 0.6% upward. Despite this short-term gain, the stock has shown a decline of 9.58% over the past month and a significant drop of 28.87% year-to-date. Today's performance indicates that the stock has outperformed its sector by 0.43%, although it remains below its longer-term moving averages. The company has a low debt-to-equity ratio of 0.06 times and an attractive valuation with a return on capital employed (ROCE) of 10.8. However, it has faced challenges, including a 43% decline in profits over the past year and a negative annual growth rate of 13.44% in operating profit over the last five years.
In the broader market context, the stock's short-term return of 1.47% over the past week contrasts with the Sensex's gain of only 0.45%, indicating relative strength in the immediate term. However, the stock has underperformed the benchmark over longer periods, with a year-over-year return of -29.70% compared to the Sensex's modest gain of 0.68%. This underperformance, coupled with declining investor participation and flat quarterly results, suggests that while there may be some short-term optimism, the long-term outlook remains concerning for Gandhar Oil Refinery.