Why is Oil India falling/rising?

As of 18-Aug, Oil India Ltd. is currently priced at 401.50, reflecting a slight increase of 0.75 or 0.19%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short term. Despite a recent rise in delivery volume, which increased by 82.25% against the 5-day average, the stock has underperformed significantly over the past year, with a return of -40.78%. The company has also reported negative results for the last four consecutive quarters, contributing to a decline in profits by 26.5%. While it has a low debt-to-equity ratio and a healthy long-term growth rate in net sales and operating profit, these positive factors are overshadowed by its recent poor performance and negative earnings reports.
In the broader market context, Oil India's short-term performance has lagged behind the benchmark, with a 1-week return of -5.14% compared to the Sensex's gain of +0.83%. This underperformance highlights the stock's struggles relative to the overall market, which has seen a modest decline of -0.59% over the past month. The high institutional holdings at 36.44% suggest that more sophisticated investors are closely monitoring the company's fundamentals, which may influence future trading behavior. Despite the attractive valuation compared to peers and a high dividend yield of 3.12%, the persistent negative results and significant underperformance relative to the market indicate that investor sentiment remains cautious.