Why is I O C L falling/rising?

As of 15-Jul, Indian Oil Corporation Ltd's stock price is currently at 151.35, reflecting an increase of 1.15, or 0.77%. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it has outperformed its sector by 0.54%. Despite this positive movement today, the stock has experienced a decline of 1.59% over the past week, although it has risen by 7.76% over the past month. The stock's performance over the last year shows a significant drop of 10.76%, with profits falling by 71.4%. However, the company maintains a healthy long-term growth outlook, with an operating profit growth rate of 24.01% and a favorable valuation compared to its peers.
In the broader market context, the Sensex has decreased by 1.36% over the past week, indicating that while Indian Oil Corporation Ltd has outperformed the benchmark in the short term, it still faces challenges in the longer term. The stock's liquidity remains adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 34.12% against the five-day average. High institutional holdings at 36.94% suggest that informed investors are backing the stock, which may provide some stability despite its recent volatility. Overall, while the stock is currently rising, the mixed performance metrics indicate a complex situation influenced by both positive growth potential and recent declines in profitability.