Why is I O C L falling/rising?

As of 14-Jul, Indian Oil Corporation Ltd's stock price is currently at 150.20, reflecting a decrease of 0.4, or 0.27%. The stock has been experiencing a decline, having fallen for the last two days with a total return of -1.38% during this period. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 38.28% compared to the 5-day average. Despite these short-term challenges, the stock has shown positive long-term growth, with an annual operating profit increase of 24.01%, and it is trading at a discount compared to its peers' historical valuations. However, the stock's return over the past year has been negative at -10.01%, coinciding with a substantial profit decline of 71.4%.
In the broader market context, the stock's recent performance has been underwhelming compared to the benchmark, with a 1-week return of -2.28% against the Sensex's -1.42%. This indicates that while the market has also faced challenges, Indian Oil Corporation Ltd has underperformed relative to it. The stock's high institutional holdings at 36.94% suggest that knowledgeable investors are monitoring its fundamentals closely, which could provide some stability. However, the overall market sentiment and the stock's recent price movements indicate a cautious outlook, influenced by declining investor participation and recent profit reductions.