Why is Hind.Oil Explor. falling/rising?

As of 28-Oct, Hindustan Oil Exploration Company Ltd's stock is currently priced at 152.75, reflecting a decline of 9.2 points or 5.68%. The stock has been underperforming, having lost 6.66% over the last three days and is trading below all key moving averages. Additionally, the stock's performance over the past week shows a decrease of 5.36%, while its one-month return is down 11.99%. The company has reported negative financial results, including a significant drop in net sales by 25.25% and consecutive quarters of poor performance, which has contributed to a negative sentiment among investors. Furthermore, the low participation from domestic mutual funds, holding 0% of the company, indicates a lack of confidence in its valuation and future growth prospects.
In the broader market context, the Sensex has shown a slight increase of 0.24% over the past week, contrasting sharply with Hindustan Oil Exploration's decline. This underperformance is evident as the stock has generated a return of -23.40% over the past year, while the benchmark has risen by 5.78% during the same period. The company's weak operating profit growth and high valuation relative to its peers further exacerbate its challenges, suggesting that investors are wary of the stock's potential for recovery in the near term.