Why is Gulf Oil Lubric. falling/rising?

As of 25-Sep, Gulf Oil Lubricants India Ltd is experiencing a decline in its stock price, currently at 1,224.95, which reflects a decrease of 15.35 or 1.24%. The stock's performance today is inline with the sector, but it is noteworthy that the stock has fallen by 5.55% over the past week and 2.00% over the past month. Additionally, the stock is trading lower than its 5-day, 20-day, and 50-day moving averages, although it remains above the 100-day and 200-day moving averages. A significant factor contributing to the decline is the falling investor participation, with delivery volume dropping by 59.81% against the 5-day average. Despite these challenges, the company maintains a high dividend yield of 3.84% and has shown strong management efficiency with a high return on equity (ROE) of 22.77%.
In the broader market context, Gulf Oil Lubricants' short-term performance has been worse than the benchmark, with the Sensex declining only 2.23% over the same week. The stock has also underperformed over the past year, with a return of -14.37% compared to the Sensex's -4.71%. While the company has a low debt-to-equity ratio and a fair valuation compared to peers, these positive factors have not been sufficient to counterbalance the recent price decline. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests a lack of investor confidence, which may be impacting its price negatively.