Why is I G Petrochems falling/rising?

As of 13-Aug, I G Petrochemicals Ltd's stock price is currently at 426.55, reflecting an increase of 2.55 (0.6%). The stock has shown a trend reversal, gaining after two consecutive days of decline, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has underperformed, with a return of -8.73%, while its performance over the last month is -9.00%. Despite these declines, the company has a high dividend yield of 4.13% and has seen a significant increase in delivery volume, which rose by 337.98% against the 5-day average. However, the stock has consistently underperformed against benchmarks, with a one-year return of -28.57% compared to the Sensex's +2.01%.
In the broader market context, the chemicals sector has gained by 2.06%, indicating a positive trend in the industry, yet I G Petrochemicals has not capitalized on this momentum. The company's low debt-to-equity ratio and attractive valuation, with a PEG ratio of 0.4, suggest potential for growth; however, its long-term outlook is hindered by a significant decline in operating profit and net sales. The lack of domestic mutual fund investment, which stands at 0%, may reflect a lack of confidence in the company's future performance. Overall, while there are some positive indicators, the stock's persistent underperformance and negative financial results contribute to a cautious outlook.