Why is India Glycols falling/rising?

As of 08-Jul, India Glycols Ltd's stock price is currently at Rs 2,013.00, reflecting a decrease of Rs 43.4 or 2.11%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 4.66%. Today's trading saw the stock touch an intraday low of Rs 2,004.05, and the volume of shares traded has decreased significantly, with a 33.85% drop in delivery volume compared to the five-day average. Despite this recent downturn, the stock has shown impressive long-term performance, with a 120.24% increase over the past year and a 55.68% rise year-to-date, indicating strong historical growth and market-beating returns.
In the broader market context, India Glycols' short-term performance has lagged behind the benchmark, with a 1-week return of -1.41% compared to a slight gain of 0.02% for the Sensex. While the stock has demonstrated strong fundamentals, such as high ROCE and debtor turnover ratios, the recent price decline suggests a temporary setback amid falling investor participation and liquidity concerns. Overall, while the stock has been a strong performer over the long term, current market dynamics are contributing to its recent price drop.