Why is Indo Amines falling/rising?

As of 04-Jul, Indo Amines Ltd is currently priced at 166.00, reflecting a decrease of 1.55 (-0.93%). The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total decline of 2.61% during this period. Despite this short-term downturn, the stock has shown a positive performance over the past week with a gain of 3.49% and a notable increase of 20.95% over the past year. However, the stock's delivery volume has decreased significantly by 34.56% compared to the five-day average, indicating a drop in investor participation. While the company has demonstrated healthy long-term growth with an annual operating profit increase of 30.27% and rising promoter confidence, the recent flat results and low cash reserves may be contributing to the current price decline.
In the broader market context, Indo Amines has outperformed the benchmark Sensex over the past year, generating a return of 20.95% compared to the Sensex's 4.23%. However, in the short term, the stock's performance has been less favorable, as it has underperformed its sector by 0.77% today. The stock's recent price movement, combined with the declining investor participation and the flat results reported in March, suggests that while the company has strong fundamentals and long-term growth potential, short-term market sentiment may be negatively impacting its stock price.