Why is Inter State Oil falling/rising?

As of 24-Oct, Inter State Oil Carrier Ltd is experiencing a price increase, with its current price at 30.65, reflecting a change of 0.39 or 1.29% upward. The stock has shown a performance today that outperformed its sector by 1.78%, indicating a positive shift after two consecutive days of decline. Additionally, the stock's delivery volume has significantly increased by 123.07% compared to its 5-day average, suggesting rising investor participation. However, while the stock is currently above its 5-day moving average, it remains below its longer-term moving averages, indicating mixed signals in its trend. The stock's performance over the past month shows a decline of 14.62%, contrasting with the Sensex's gain of 3.05%, highlighting ongoing challenges despite today's positive movement.
In the broader market context, the stock's short-term return of +2.17% over the past week outpaces the Sensex's modest gain of +0.31%, suggesting that the stock is gaining traction relative to the market. However, the year-to-date performance remains concerning, with a decline of 34.79% compared to the Sensex's increase of 7.77%. This disparity indicates that while there may be short-term recovery signs, the stock has faced significant challenges over a longer period. Overall, the recent uptick in price may reflect a temporary rebound amidst a broader trend of underperformance relative to market benchmarks.