Why is Oil Country falling/rising?

As of 08-Aug, Oil Country Tubular Ltd's stock price is currently at Rs 88.12, reflecting a decline of Rs 4.74 or 5.1%. The stock has underperformed its sector by 3.34% today, opening with a loss of 3%. It reached an intraday low of Rs 88.12, which is a significant drop. Despite this decline, the stock has shown strong performance over the longer term, with a year-to-date increase of 28.85% and a remarkable 100.45% rise over the past year. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages but below its 5-day and 20-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 3.18% against the 5-day average, indicating some level of ongoing interest despite the recent price drop. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Oil Country's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.92% over the past week, while Oil Country has fallen by 4.37%. This indicates that the stock is experiencing a more pronounced downturn compared to the overall market. Over the last month, both the stock and the benchmark have shown negative returns, with Oil Country down 4.64% compared to the Sensex's 4.60%. However, the stock's strong long-term performance, particularly over three and five years, suggests that while it may be facing short-term challenges, it has historically provided substantial returns to investors.