Why is Oil India falling/rising?

As of 28-Jul, Oil India Ltd. is currently priced at 426.25, reflecting a decrease of 8.5 points or 1.96%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.94% during this period. Today's trading saw the stock reach an intraday low of Rs 425.45, and it has been trading below its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains above the 100-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 42.47% compared to the 5-day average. Despite a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock's performance has been hindered by a substantial year-over-year decline in profits of 22.7%, contributing to its recent downward trend.
In the broader market context, Oil India's short-term performance has been notably weaker than the benchmark Sensex, which has declined by only 1.59% over the past week compared to Oil India's 5.91% drop. While the stock has shown impressive long-term growth over three and five years, its recent performance contrasts sharply with the benchmark's positive year-to-date return of 3.52%. The high institutional holdings at 36.44% indicate that more sophisticated investors are involved, which could provide some stability; however, the overall market sentiment appears to be affecting the stock negatively in the short term.