Why is India Glycols falling/rising?

As of 14-Jul, India Glycols Ltd's stock price is currently at 2,036.75, reflecting a slight increase of 0.8 (0.04%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent drop in delivery volume, the stock has outperformed its sector by 0.65%. Over the past month, it has increased by 7.68%, and year-to-date, it has delivered an impressive return of 57.52%. The company has reported strong financial metrics, including the highest return on capital employed and debtors turnover ratio, which contribute positively to its performance and investor sentiment.
In the broader market context, India Glycols has outperformed the Sensex, which has decreased by 1.42% over the past week while the stock itself has only fallen by 0.96%. This indicates that the stock is relatively resilient compared to the overall market. Additionally, the stock's long-term performance is notable, with a 105.38% return over the past year, significantly surpassing the benchmark's 2.15% increase. This strong performance in both the short and long term suggests that investor confidence remains high, despite recent fluctuations in trading volume.