Why is Oil India falling/rising?

As of 29-Aug, Oil India Ltd. is experiencing a decline in its stock price, currently at 389.95, reflecting a decrease of 0.5 or 0.13%. The stock has been underperforming, having fallen consecutively for the last three days with a total return of -4.65% in that period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 5.22% compared to the five-day average, suggesting a drop in investor participation. Despite a high dividend yield of 3.2% and a low debt-to-equity ratio, the company has reported negative results for the last four consecutive quarters, contributing to the stock's poor performance, which has seen a staggering -46.98% return over the past year.
In the broader market context, Oil India has significantly underperformed compared to the benchmark, with the Sensex showing a decline of only 1.84% over the same one-week period. While the company has a strong long-term growth outlook with net sales increasing at an annual rate of 25.13%, the recent negative financial results and a substantial drop in profits of 26.5% have overshadowed these positives. The stock's high institutional holdings at 36.44% indicate that knowledgeable investors are also cautious, reflecting the overall sentiment that has led to a sell-off in the stock.