Why is HPCL falling/rising?

As of 02-Sep, Hindustan Petroleum Corporation Ltd. is currently priced at 385.00, reflecting a slight decline of -0.25, or -0.06%. Today's performance indicates that the stock has underperformed its sector by -0.77%. The stock is trading higher than its 5-day and 200-day moving averages but lower than its 20-day, 50-day, and 100-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by -26.32% against the 5-day average. Over the past week, the stock has shown a modest gain of +0.47%, while it has experienced a decline of -4.57% over the past month and -10.00% over the past year, contrasting with the benchmark Sensex, which has seen a -0.55% decline in the same month and a -2.91% decline over the past year. Positive factors include healthy long-term growth in net sales and operating profit, as well as high institutional holdings, which have increased by 0.6% over the previous quarter.
Broader Market Context: The stock's recent performance indicates a struggle in the short term, particularly as it has underperformed the benchmark Sensex, which has shown a slight decline compared to the stock's larger drop over the past month and year. Despite the negative short-term trends, the company has demonstrated strong fundamentals, such as a significant increase in net sales and operating profit, which may provide a foundation for recovery. The stock's attractive valuation relative to peers and high institutional ownership suggest that there is confidence in its long-term potential, even as it faces challenges in the current market environment.