Why is Indian Metals falling/rising?

As of 09-Sep, Indian Metals & Ferro Alloys Ltd is experiencing a decline in its stock price, currently at Rs 1,003.45, reflecting a decrease of Rs 30.55 or 2.95%. The stock has recently underperformed its sector by 0.65% and has fallen after four consecutive days of gains. Despite this drop, the stock remains close to its 52-week high, only 4.53% away from Rs 1,048.9. Over the past week, it has shown a significant return of 13.51%, and over the past month, it has risen by 36.53%. The company has a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.40 times, and has demonstrated healthy long-term growth with an annual operating profit growth rate of 88.40%. In the broader market context, the stock's recent performance contrasts with the Sensex, which has only increased by 1.18% over the past week. While Indian Metals has outperformed the benchmark significantly over the past year with a return of 60.42% compared to the Sensex's decline of 0.56%, the current market action in the Ferro & Silica Manganese sector, which has fallen by 2.51%, may be influencing the stock's downward movement. Additionally, the rising investor participation, with a delivery volume increase of 150.2% against the 5-day average, indicates ongoing interest, but the recent price drop suggests a potential correction after a strong upward trend.