Why is Oil India falling/rising?

As of 25-Jun, Oil India Ltd. is experiencing a decline in its stock price, currently at 441.00, reflecting a decrease of 4.8 points or 1.08%. The stock has underperformed its sector today by 1.73% and has been on a consecutive downward trend for the last two days, with a total decline of 6.86% during this period. While the stock has shown some positive performance over the past month with a 3.51% increase, its year-to-date return is modest at 2.28%, and it has underperformed the benchmark Sensex over the past year with a return of -4.37%. Despite a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock's recent performance is negatively impacted by a significant profit decline of 22.7% over the past year.
In the broader market context, Oil India's short-term performance has been notably weaker than the Sensex, which has gained 1.61% over the past week. This contrast highlights the stock's struggles despite having high institutional holdings at 36.69%, which typically indicates confidence in the company's fundamentals. The stock's liquidity remains adequate, allowing for trades of substantial size, but the recent consecutive falls and underperformance against both the sector and the benchmark suggest that investor sentiment may be cautious. Overall, while there are positive indicators for long-term growth, the immediate outlook appears challenging for Oil India Ltd.