Why is India Glycols falling/rising?

As of 03-Jul, India Glycols Ltd's stock price is currently at 2,080.25, reflecting a decrease of 29.75 points or 1.41%. Despite this decline, the stock has shown strong performance over various periods, with a 1-week return of 1.23%, a 1-month return of 8.77%, and an impressive year-to-date return of 60.89%. The stock is trading above its moving averages across multiple time frames, indicating a generally positive trend. However, it has underperformed its sector by 1.38% today, and there has been a notable decrease in investor participation, with delivery volume falling by 12.94% against the 5-day average. Positive factors such as the highest recorded ROCE and Debtors Turnover Ratio in recent results, along with substantial long-term returns, suggest that the stock has been performing well overall, even if it is experiencing a short-term decline.
In the broader market context, India Glycols has outperformed the benchmark Sensex, which has seen a return of -0.62% over the past week, while the stock has gained 1.23%. This indicates that, despite the current price drop, the stock's performance remains robust compared to the market. The company's strong historical performance, including a 127.30% return over the past year and significant outperformance against BSE500 over multiple time frames, reinforces its position as a solid investment. However, the recent drop in price and investor participation may be causing some concern among investors, leading to the current decline in stock price.