Why is MOIL falling/rising?

As of 26-Aug, MOIL Ltd. is experiencing a decline in its stock price, currently at Rs 325.20, which reflects a decrease of Rs 5.0 or 1.51%. The stock has underperformed in the short term, with a 1-week return of -1.63% compared to the Sensex's -1.05%. Today's performance indicates that the stock touched an intraday low of Rs 323.6, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 13.98% against the 5-day average. While institutional investors have increased their stake by 1.88%, the overall sentiment remains cautious due to poor recent financial results, including a significant drop in PAT and net sales.
In the broader market context, MOIL's performance has been weaker than the benchmark, with a year-to-date return of -1.89% compared to the Sensex's positive return of 3.39%. The mining and minerals sector has also faced a decline of 2.1%, contributing to the negative sentiment surrounding MOIL. Despite the stock's strong performance over the longer term, with a 3-year return of 97.21%, the recent financial indicators and the stock's premium valuation compared to peers have led to a bearish outlook. This combination of factors suggests that while there is some institutional interest, the overall market conditions and company performance are driving the stock price lower.