Why is Oil India falling/rising?

As of 02-Jul, Oil India Ltd. is currently priced at 437.00, reflecting an increase of 2.65 (0.61%). The stock has been gaining for the last three days, with a total return of 0.63% during this period. Despite this recent uptick, the stock has underperformed over the past year, generating a return of -9.93% compared to the Sensex's +5.00%. The company has a low Debt to Equity ratio and has shown healthy long-term growth, with net sales increasing at an annual rate of 21.72% and operating profit at 39.62%. However, it has faced challenges, including negative results for the last three consecutive quarters, leading to a significant decline in profits and earnings per share.
In the broader market context, Oil India's short-term performance has been relatively weak, as it has declined by -0.91% over the past week while the Sensex has gained +0.79%. Although the stock has outperformed its sector today by 1.12%, the falling investor participation, indicated by a 61.45% drop in delivery volume, raises concerns about its liquidity and market interest. High institutional holdings at 36.69% suggest that informed investors are monitoring the stock closely, but the overall negative sentiment from recent financial results may be contributing to its underperformance relative to the broader market.