Why is Inter State Oil falling/rising?

As of 09-Jul, Inter State Oil Carrier Ltd is experiencing a rise in its stock price, currently at 50.00, reflecting an increase of 0.65 or 1.32%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 5.44% during this period. Additionally, it has outperformed its sector by 0.33%. The stock is trading above all its moving averages, indicating positive momentum. Over the past year, it has generated a return of 25.19%, significantly higher than the broader market's performance, which underscores its attractiveness. The company's valuation appears favorable with a ROCE of 6.8 and a PEG ratio of 0.7, suggesting that it is trading at a discount compared to its peers.
In the broader market context, the stock's short-term return of 12.99% over the past week stands in stark contrast to the Sensex, which has only increased by 0.15%. This significant outperformance highlights investor confidence in Inter State Oil compared to the overall market. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 64.4% against the five-day average, which could indicate potential concerns about liquidity or future performance. Despite these mixed signals, the stock's strong recent gains and attractive valuation metrics contribute to its upward price movement.