Why is I O C L falling/rising?

As of 24-Jul, Indian Oil Corporation Ltd is experiencing a decline in its stock price, currently at 151.20, which reflects a decrease of 1.1 or 0.72%. The stock has outperformed its sector by 0.53% today, but it has also seen a trend reversal, falling after three consecutive days of gains. Despite this recent drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. Over the past month, the stock has increased by 5.96%, although it has underperformed over the past year with a return of -10.40%. The company's operating profit has grown at an annual rate of 24.01%, but its profits have fallen significantly by 71.4% over the past year, contributing to the stock's recent volatility. Additionally, high institutional holdings at 37.35% suggest that more informed investors are involved, which may provide some stability.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark Sensex, which has decreased by 0.09% over the past week while IOCL has gained 0.20%. However, the stock's year-to-date return of 10.85% outpaces the Sensex's 5.18%, indicating a stronger performance in the longer term. The decline in delivery volume by 0.29% against the 5-day average suggests a decrease in investor participation, which could be a factor in the stock's recent price movement. Overall, while there are positive indicators such as healthy long-term growth and attractive valuations, the recent profit decline and falling investor participation may be contributing to the stock's current downward trend.