Why is Indian Phosphate falling/rising?

As of 04-Aug, Indian Phosphate Ltd's stock price is currently at Rs 55.20, reflecting an increase of Rs 0.45 or 0.82%. The stock opened today with a gain of 2.28% and reached an intraday high of Rs 59.9, indicating positive momentum in the short term. However, despite this uptick, the stock has shown a decline of 4.83% over the past month and a significant year-to-date drop of 31.21%. The stock has been highly volatile today, with an intraday volatility of 6.58%, and there has been a notable decrease in investor participation, as evidenced by a 54.55% drop in delivery volume compared to the five-day average. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing the stock's movement.
In the broader market context, Indian Phosphate's short-term performance of +3.37% over the past week stands in stark contrast to the Sensex, which has only increased by 0.17% during the same period. This suggests that the stock is outperforming the benchmark in the short term. However, the longer-term picture is less favorable, with the stock down 31.21% year-to-date, while the Sensex has gained 4.56%. This divergence highlights the challenges faced by Indian Phosphate Ltd in maintaining investor confidence despite recent positive movements.