Why is Oil India falling/rising?

As of 01-Jul, Oil India Ltd. is currently priced at 434.35, reflecting a slight increase of 0.05 (0.01%). The stock has been gaining for the last two days, with a total return of 0.02% during this period. However, it has underperformed its sector by 1.28% today. Over the past week, the stock has declined by 2.57%, while it has shown a modest gain of 1.83% over the past month. Despite a strong long-term growth outlook, with net sales increasing at an annual rate of 21.72% and operating profit at 39.62%, the stock has faced challenges, including negative results for the last three consecutive quarters and a year-over-year return of -7.83%, significantly underperforming the market.
In the broader market context, the Sensex has increased by 2.00% over the past week and 2.76% over the past month, indicating that Oil India Ltd. is lagging behind the benchmark. The stock's performance is further complicated by a significant drop in delivery volume, which fell by 68.82% against the five-day average, suggesting reduced investor interest. Additionally, while the stock has a relatively high institutional holding of 36.69%, which typically indicates confidence from knowledgeable investors, the recent negative earnings reports may be causing concern among retail investors. Overall, the combination of underperformance relative to the market and disappointing financial results has contributed to the stock's recent price movement.