Why is Oriental Carbon falling/rising?

As of 29-Jul, Oriental Carbon & Chemicals Ltd is currently priced at 216.50, reflecting a slight increase of 0.5 (0.23%). The stock has shown a trend reversal, gaining after six consecutive days of decline. However, it remains below several moving averages, including the 5-day, 20-day, 50-day, and 200-day averages, indicating a mixed performance. Over the past week, the stock has decreased by 5.11%, and it has also seen a significant decline of 34.81% over the past year. Despite these challenges, the company has a low Debt to Equity ratio, and there has been an increase in institutional investor participation, with a 1.34% rise in their stake, which may provide some support to the stock.
In the broader market context, the Sensex has experienced a decline of only 1.03% over the past week, suggesting that Oriental Carbon's performance is lagging behind the benchmark. While the stock's recent uptick may indicate a potential recovery, the overall trend remains negative, particularly when compared to the 1-year and 3-year returns, where the stock has significantly underperformed against the Sensex. The falling investor participation, as evidenced by a 9% drop in delivery volume, further complicates the outlook for the stock, despite the positive influence of institutional investors who are better equipped to analyze the company's fundamentals.