Why is Oil India falling/rising?

As of 20-Aug, Oil India Ltd. is currently priced at 408.20, reflecting a slight increase of 0.1 (0.02%). The stock has been gaining for the last three days, resulting in a total return of 1.86% during this period. 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 longer term. The stock has underperformed in the past month with a decline of 8.97%, and over the past year, it has seen a significant drop of 39.32%. Despite a healthy long-term growth in net sales and operating profit, the company has faced negative results for the last four consecutive quarters, contributing to investor concerns.
In the broader market context, the stock's short-term performance of +0.29% over the past week is notably lower than the Sensex's gain of +1.64% during the same period. This underperformance highlights the challenges Oil India faces compared to the overall market. Additionally, the company's high institutional holdings at 36.44% suggest that informed investors are closely monitoring its fundamentals, which may influence trading behavior. The decline in delivery volume by 74.4% against the 5-day average further indicates falling investor participation, which could be a contributing factor to the stock's recent movements.