Why is MOIL falling/rising?

As of 21-Aug, MOIL Ltd. is experiencing a decline in its stock price, currently at 330.40, reflecting a decrease of 5.2 points or 1.55%. Today's performance indicates that the stock has underperformed its sector by 1.1% and has reversed its trend after three consecutive days of gains. The stock's moving averages show that it is higher than the 5-day average but lower than the 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 47.01% compared to the 5-day average. Over the past month, the stock has seen a substantial decline of 13.50%, while its year-to-date performance shows a slight decrease of 0.32%. The company has a low debt-to-equity ratio, but its long-term growth prospects appear poor, with net sales growing at an annual rate of only 9.61% over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed significantly over the past year, generating a return of -16.97% compared to the Sensex's increase of 1.35%. While institutional investors have increased their stake in the company by 1.88%, indicating some confidence in its fundamentals, the negative results reported for June 25, including a 46% drop in PAT and a 12.2% decline in net sales, have raised concerns about its valuation, which is considered expensive relative to its peers. Overall, the combination of poor financial results, declining investor participation, and underperformance against the market has contributed to the stock's downward movement.