Why is Hind.Oil Explor. falling/rising?

As of 18-Sep, Hindustan Oil Exploration Company Ltd's stock price is currently at 180.60, reflecting an increase of 2.1, or 1.18%. The stock has been on a positive trend, gaining for the last five days and achieving a return of 7.31% over that period. It has outperformed its sector by 1.08% today and has been trading above its moving averages across various time frames. However, despite these short-term gains, the company faces significant challenges, including a decline in net sales by 25.25% and negative results over the last two quarters, which have contributed to a poor long-term growth outlook with an annual operating profit decline of 2.00% over the past five years.
In the broader market context, while the stock has shown a strong short-term performance compared to the Sensex, which has only risen by 1.80% over the past week, it has underperformed over the longer term, with a year-to-date return of -1.31% compared to the Sensex's 6.24%. The stock's negative performance over the past year, with a decline of 25.06%, indicates that despite recent gains, investor sentiment remains cautious, particularly given the lack of domestic mutual fund investment and the company's high valuation relative to its peers. This combination of short-term gains and long-term concerns suggests that while the stock may be rising currently, significant underlying issues could impact its future performance.