Why is Inter State Oil falling/rising?

As of 27-Oct, Inter State Oil Carrier Ltd's stock price is currently at Rs 31.29, reflecting an increase of Rs 1.88 or 6.39%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. It outperformed its sector by 5.45%, reaching an intraday high of Rs 31.35. However, despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 33.43% compared to the Sensex's gain of 8.50%. Additionally, there has been a decrease in investor participation, with delivery volume falling by 13.69% against the five-day average, which may indicate waning interest despite today's price increase.
Broader Market Context: In the short term, the stock's performance over the past week shows a decline of 0.48%, while the Sensex has increased by 0.49%. This indicates that while the stock has seen a positive movement today, it has not kept pace with the broader market trends recently. The stock's longer-term performance also highlights a significant underperformance compared to the benchmark, particularly over the past month and year. The mixed signals from today's trading, including higher trading volumes at lower prices and the stock's position relative to moving averages, suggest that while there is some upward momentum, the overall market context remains challenging for Inter State Oil Carrier Ltd.