Why is Inter State Oil falling/rising?

As of 22-Jul, Inter State Oil Carrier Ltd's stock price is currently at 45.95, reflecting an increase of 1.45 or 3.26%. The stock has shown a positive trend recently, gaining 6.42% over the last two days and outperforming its sector by 3.86% today. Despite a recent decline of 4.75% over the past week, the stock has performed well over the past month with a return of 28.17%. The company has a very attractive valuation with a return on capital employed (ROCE) of 6.8 and a PEG ratio of 0.6, indicating strong profit growth of 29% over the past year. However, there are concerns regarding its long-term fundamental strength, particularly due to a high debt to EBITDA ratio of 3.15 times.
In the broader market context, while the stock has outperformed the benchmark indices, it has still faced challenges, such as a year-to-date return of -2.23% compared to the Sensex's 5.18%. The stock's recent performance indicates a divergence from the market, as it has generated a return of 27.29% over the past year, significantly higher than the BSE500's return of 0.99%. However, the falling investor participation, with a notable drop in delivery volume, suggests caution among investors. Overall, while the stock is currently rising, its long-term prospects are clouded by fundamental weaknesses that may impact future performance.