Why is Inter State Oil falling/rising?

As of 22-Sep, Inter State Oil Carrier Ltd is experiencing a decline in its stock price, currently at 35.00, reflecting a decrease of -1.42 or -3.9%. The stock has underperformed significantly, with a consecutive fall over the last two days resulting in a total decline of -9.79%. It opened with a loss of -2% today and reached an intraday low of Rs 34.6, which is a -5% drop. The stock has also shown poor performance over various time frames, with a -25.53% return year-to-date and a -16.33% return over the past year. Despite a 62% increase in profits over the last year, the stock's average Return on Capital Employed (ROCE) of 6.8 indicates weak long-term fundamental strength, compounded by a high Debt to EBITDA ratio of 3.15 times.
In the broader market context, the stock's recent performance has been notably worse than the benchmark, with a -6.99% return over the past week compared to a +0.46% increase in the Sensex. This underperformance is further highlighted by the stock's trading below all key moving averages and a significant drop in investor participation, with delivery volume decreasing by -75.11% against the 5-day average. The stock's valuation appears attractive compared to peers, but the overall negative sentiment and weak long-term fundamentals are contributing to its decline, making it a challenging environment for investors.