Why is India Glycols falling/rising?

As of 26-Aug, India Glycols Ltd's stock price is currently at 817.80, reflecting a decrease of 7.0 points or 0.85%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 5.28% during this period. Despite this recent downturn, the stock has shown strong performance year-to-date with a gain of 26.50% and an impressive 405.60% increase over the past five years. Positive factors contributing to the stock's performance include strong financial results reported in June, such as a record net sales figure and an increase in institutional investor participation, which has risen by 1.67% over the previous quarter. However, concerns about long-term fundamental strength, including a high Debt to EBITDA ratio and average ROCE, may be weighing on investor sentiment.
In the broader market context, India Glycols has outperformed the benchmark Sensex in the long term, generating a return of 26.26% over the past year compared to the Sensex's decline of 1.12%. However, in the short term, the stock has underperformed relative to the benchmark, with a 4.98% decline over the past week against the Sensex's smaller drop of 1.05%. This suggests that while the company has shown resilience and growth over a longer horizon, recent price movements may be influenced by short-term market dynamics and investor concerns regarding its financial health.