Why is I O C L falling/rising?

As of 10-Jul, Indian Oil Corporation Ltd's stock price is rising, currently at 152.30, reflecting an increase of 2.2 or 1.47%. The stock has outperformed its sector today by 1.51%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 3.04%, and over the last month, it has risen by 7.10%. Despite a year-over-year decline of 11.43%, the company has demonstrated healthy long-term growth with an operating profit increase of 24.01% annually and a high dividend yield of 4.66%. However, it is important to note that investor participation has decreased, with delivery volume falling by 4.67% compared to the 5-day average.
In the broader market context, while Indian Oil Corporation Ltd has shown positive short-term returns, the benchmark Sensex has remained relatively flat with a change of -0.06% over the past week. The stock's performance is notably strong compared to the benchmark, which has only increased by 0.97% over the past month. The high institutional holdings at 36.94% suggest that knowledgeable investors are backing the stock, which may contribute to its recent upward movement despite the challenges of declining profits over the past year.