Why is I O C L falling/rising?

As of 18-Jul, Indian Oil Corporation Ltd's stock price is currently at 150.05, reflecting a decrease of 0.85, or 0.56%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 1.32%. In terms of performance, the stock has shown a mixed picture; over the past week, it has decreased by 0.37%, while it has gained 6.61% over the past month. However, the stock's year-to-date performance is positive at 10.01%, despite a significant decline of 11.53% over the past year. The stock is currently trading above its longer-term moving averages but below its 5-day moving average, indicating some short-term weakness. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 18.06% compared to the 5-day average.
In the broader market context, the Sensex has also experienced a decline of 0.90% over the past week, suggesting that the stock's short-term performance is not entirely isolated. Despite the recent downturn, Indian Oil Corporation Ltd has a healthy long-term growth outlook, with an operating profit growth rate of 24.01% annually and a relatively attractive valuation compared to its peers. However, the stock's profits have significantly decreased by 71.4% over the past year, which may be contributing to investor caution. The high institutional holdings at 36.94% indicate that more knowledgeable investors are backing the stock, but the recent performance and falling delivery volumes suggest a cautious sentiment among retail investors.