Why is India Glycols falling/rising?

As of 07-Jul, India Glycols Ltd's stock price is currently at 2,056.40, reflecting a decrease of 55.0 points or 2.6%. The stock has shown a mixed performance recently, as it is 4.03% away from its 52-week high of Rs 2139.3. Today's trading saw the stock touch an intraday low of Rs 2040.7, indicating a decline of 3.35%. Despite this drop, the stock has demonstrated strong performance over the longer term, with a remarkable 121.36% increase over the past year and a 59.04% rise year-to-date. Positive financial metrics, such as the highest ROCE at 10.25% and a strong debtors turnover ratio, suggest solid operational performance, contributing to its long-term outperformance against benchmarks.
In the broader market context, India Glycols has outperformed the Sensex over various periods, including a 1-month return of 11.19% compared to the Sensex's 1.53%. However, the stock underperformed its sector today by 2.35%, which may have influenced the current price decline. The rising investor participation, indicated by an 18.9% increase in delivery volume, suggests continued interest in the stock, despite today's downturn. Overall, while the stock has shown significant long-term growth and strong fundamentals, short-term fluctuations and sector performance may be impacting its current price movement.