Why is India Glycols falling/rising?

As of 01-Sep, India Glycols Ltd's stock price is currently at 813.60, reflecting a slight increase of 1.5 (0.18%). The stock has recently experienced a trend reversal, gaining after six consecutive days of decline. However, it underperformed its sector by 0.62% today, and the delivery volume has significantly decreased by 54.41% compared to the five-day average, indicating falling investor participation. Despite this, the company has shown strong performance over the year, with a return of 17.28%, while institutional investors have increased their stake by 1.67%, suggesting a positive outlook from more knowledgeable market participants. Nevertheless, the long-term fundamentals appear weak, with an average Return on Capital Employed (ROCE) of 8.39% and a high Debt to EBITDA ratio of 3.43 times, which may contribute to caution among investors.
In the broader market context, India Glycols' short-term performance over the past week shows a decline of 1.36%, which is slightly better than the benchmark Sensex's decline of 1.56%. While the stock has outperformed the market significantly on a year-to-date basis with a return of 25.85% compared to the Sensex's 2.85%, the recent underperformance and declining investor participation could signal potential challenges ahead. The overall market has faced negative returns, with the BSE500 down 4.75% over the last year, yet India Glycols has managed to generate positive returns, indicating its resilience amidst broader market difficulties.