Why is I G Petrochems falling/rising?

As of 17-Sep, I G Petrochemicals Ltd is currently priced at 440.40, reflecting an increase of 1.8 or 0.41%. The stock has been gaining for the last three days, with a total return of 2.39% during this period. However, it has underperformed its sector by 0.58% today. The stock's performance over the past week shows a slight gain of 0.14%, while it has increased by 4.20% over the past month. Despite these short-term gains, the stock has a troubling year-to-date return of -21.08% and a one-year return of -30.30%. The company has a low debt-to-equity ratio of 0.03, an attractive valuation with a price-to-book value of 1, and a PEG ratio of 0.4, indicating that while profits have risen by 56%, the stock's long-term growth prospects are hindered by a significant decline in operating profit over the last five years.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.56% over the past week and 2.60% over the past month. The stock's consistent underperformance against the benchmark over the last three years, alongside negative quarterly results such as a 14.8% decline in net sales and a significant drop in profit after tax, suggests that investor sentiment may remain cautious. The lack of domestic mutual fund investment, which holds only 0% of the company, further indicates a lack of confidence in the stock's valuation and business prospects. Overall, while there are some positive short-term movements, the long-term outlook remains concerning, contributing to the stock's volatility in the market.