Why is Oil India falling/rising?

As of 22-Aug, Oil India Ltd. is currently priced at 408.95, reflecting a decrease of 1.55 or 0.38%. The stock has recently outperformed its sector by 0.65%, although it has experienced a trend reversal after four consecutive days of gains. The stock's performance over the past week shows a positive return of 2.05%, but it has underperformed over the longer term, with a 1-month return of -9.44% and a year-to-date decline of -5.15%. Additionally, the stock's delivery volume has fallen significantly, down 42.2% from the 5-day average, indicating reduced investor participation. 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 a substantial year-over-year decline of 40.13% in stock value.
In the broader market context, Oil India's recent performance contrasts with the Sensex, which has shown a modest gain of 0.88% over the past week. While the stock has a high institutional holding of 36.44%, indicating some confidence from larger investors, its negative results and low dividend payouts have raised concerns among investors. The company's low debt-to-equity ratio and attractive valuation metrics are overshadowed by its significant profit decline of 26.5% over the past year, leading to a perception of risk that may be contributing to the stock's downward movement. Overall, the combination of poor recent performance, declining investor interest, and negative financial results has resulted in the stock's current decline.