Why is Oil Country falling/rising?

As of 30-Jun, Oil Country Tubular Ltd's stock price is currently at Rs 91.57, reflecting a decrease of Rs 4.43 or 4.61%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 8.34%. Despite opening with a gain of 3.99% and reaching an intraday high of Rs 99.83, it ultimately closed lower. The stock has shown strong performance over the past year, generating a return of 143.80%, and has consistently outperformed the BSE 500 index in each of the last three annual periods. However, the recent drop in price coincides with a decline in investor participation, as evidenced by a 16.11% decrease in delivery volume compared to the five-day average.
In the broader market context, Oil Country's short-term performance has significantly outpaced the benchmark, with a 12.23% gain over the past week compared to the Sensex's 2.09%. This indicates that while the stock has been strong overall, the recent volatility and decline in price may be attributed to weak long-term fundamental strength, including a low Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio. Additionally, despite positive results in terms of net sales growth and inventory turnover, the company's ability to service debt and generate operating profits remains a concern, contributing to the stock's current downward movement.