Why is India Glycols falling/rising?

As of 16-Sep, India Glycols Ltd is experiencing a decline in its stock price, currently at 838.75, which reflects a decrease of 2.05 points or 0.24%. The stock has underperformed its sector today by 0.74% and has shown a trend reversal after two consecutive days of gains. Although the stock has outperformed the benchmark Sensex over various periods, including a 36.37% return over the past year compared to the Sensex's -0.73%, recent performance indicators suggest a decline in investor participation, with delivery volume dropping by 43.48% against the five-day average. Additionally, while the company has reported positive financial metrics, such as a high ROCE and net sales, concerns about long-term fundamental strength and high debt levels may be contributing to the current price movement.
In the broader market context, the stock's short-term performance of +1.32% over the past week is slightly below the Sensex's gain of +1.58%. Despite the stock's impressive long-term returns, including a 481.46% increase over the last five years, the recent decline in investor participation and the stock's current valuation concerns may be affecting market sentiment. The increasing stake of institutional investors, who now hold 4.82% of the company, indicates some confidence in the stock's fundamentals, yet the overall market has faced negative returns, which could be influencing the stock's recent downward trend.