Why is HPCL falling/rising?

As of 28-Aug, Hindustan Petroleum Corporation Ltd. is experiencing a decline in its stock price, currently at 381.70, which reflects a decrease of 1.5 or 0.39%. The stock has underperformed its sector by 0.27% today and has been on a consecutive fall for the last four days, resulting in a total decline of 2.8% over this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite these short-term challenges, the company has shown healthy long-term growth with net sales increasing at an annual rate of 12.82% and operating profit at 26.09%. Positive quarterly results indicate significant growth in profit before tax and operating profit margins, which may suggest underlying strength, but the stock's recent performance has been negatively impacted by its overall return of -6.11% over the past year, despite a 3.3% increase in profits.
In the broader market context, HPCL's short-term performance has lagged behind the benchmark Sensex, which has seen a decline of 2.34% over the past week compared to HPCL's 2.80% drop. The stock's year-to-date performance is also concerning, with a decline of 6.67% while the Sensex has gained 2.48%. However, the stock has high institutional holdings at 36.72%, indicating confidence from larger investors who have increased their stake recently. This could provide some support for the stock in the long run, especially as it is trading at a discount compared to its peers. Overall, while there are positive indicators regarding the company's fundamentals, the recent price movements reflect a challenging short-term environment.