Why is India Glycols falling/rising?

As of 11-Sep, India Glycols Ltd is experiencing a decline in its stock price, currently at Rs 832.15, which reflects a decrease of Rs 25.95 or 3.02%. The stock has underperformed its sector by 2.88% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 828.2, indicating a downward trend. Over the past week, the stock has decreased by 2.04%, and over the past month, it has seen a more significant decline of 8.46%. Despite a strong year-to-date performance of 28.72% and a one-year return of 34.11%, the stock's recent movement is influenced by weak long-term fundamentals, including a low average Return on Capital Employed (ROCE) of 8.39% and a high Debt to EBITDA ratio of 3.43 times. Additionally, while institutional investor participation has increased, the stock's valuation appears expensive relative to its peers.
In the broader market context, the Sensex has gained 1.03% over the past week and 1.17% over the past month, contrasting sharply with India Glycols' negative returns during the same periods. This divergence indicates that while the overall market is performing positively, India Glycols is struggling to maintain its momentum. The stock's performance is further complicated by its weak long-term growth prospects, as evidenced by a modest annual growth rate in net sales and operating profit over the last five years. Despite the recent increase in institutional investment, the stock's high valuation and declining short-term performance suggest that investors may be cautious, leading to the current downward trend.