Why is Oriental Carbon falling/rising?

As of 25-Jul, Oriental Carbon & Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 219.70, reflecting a decrease of Rs 2.6 or 1.17%. The stock has been on a downward trend, losing 5.97% over the past week and 3.62% over the past month. It has also seen a significant drop of 36.47% over the past year and a staggering 74.28% over the last three years. Today's trading saw the stock reach an intraday high of Rs 226.8 but also dip to a low of Rs 215.1. The trading volume indicates a falling investor participation, with delivery volume down by 69.28% compared to the five-day average. Despite these challenges, the company maintains a low Debt to Equity ratio and has seen a 1.34% increase in institutional investor stakes, suggesting some confidence in its fundamentals.
In the broader market context, the stock's performance has been notably worse than the benchmark Sensex, which has only declined by 0.36% over the past week and gained 4.25% year-to-date. This stark contrast highlights the stock's underperformance relative to the market. While the stock's recent movements reflect negative sentiment and declining investor interest, the increasing participation by institutional investors may provide some support and indicate potential for recovery, albeit the current trend remains downward.