Why is HPCL falling/rising?

As of 14-Jul, Hindustan Petroleum Corporation Ltd. is experiencing a decline in its stock price, currently at 429.90, which reflects a decrease of 5.85 or 1.34%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.04% during this period. Additionally, the stock's performance today has underperformed its sector by 0.91%. Despite this recent downturn, the stock has shown strong long-term growth with a 25.61% return over the past year and a significant increase of 173.34% over the last three years. However, it is important to note that the company's profits have fallen by 57.9% over the past year, which may be contributing to the current price movement. The stock is also trading at a discount compared to its peers, and it boasts a high dividend yield of 3.79%, which could attract long-term investors.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.77% compared to the Sensex's -1.42%. This indicates that while the stock has performed well over longer periods, its recent decline is more pronounced than the overall market trend. The falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among traders, which may further exacerbate the stock's downward movement. Despite the high institutional holdings of 36.12%, which typically indicate strong support for the stock, the recent negative performance metrics may overshadow these positive factors in the short term.