Why is Oil India falling/rising?

As of 18-Sep, Oil India Ltd. is experiencing a decline in its stock price, currently at 399.20, reflecting a decrease of 4.05 points or 1.0%. The stock has underperformed its sector by 1.1% today and has seen a trend reversal after two consecutive days of gains. In terms of performance over various periods, the stock has shown a 1.27% increase over the past week but a decline of 0.57% over the past month and a significant drop of 32.88% over the past year. Despite a high management efficiency indicated by a ROCE of 15.10% and a low debt-to-equity ratio of 0.47, the company has faced negative results for the last four consecutive quarters, contributing to its recent price movement.
Broader market context shows that while the Sensex has increased by 1.80% over the past week and 2.14% over the past month, Oil India’s performance has lagged behind, particularly with a year-to-date return of -7.41% compared to the Sensex's positive 6.24%. The stock's decline is further exacerbated by a significant drop in profits, which have fallen by 26.5% over the past year, leading to a stark contrast in performance against the broader market, which has only seen a slight negative return of -1.96% in the same timeframe. This combination of underperformance and negative financial results has likely contributed to the stock's current downward trend.