Why is Indo Amines falling/rising?

As of 09-Jul, Indo Amines Ltd is currently priced at 166.80, reflecting a decrease of 1.2, or 0.71%. The stock has underperformed its sector today by 0.69% and has experienced a consecutive decline over the last two days, with a total drop of 1.07% in this period. Despite a strong long-term growth outlook, evidenced by a 30.27% annual increase in operating profit and a 27.18% return over the past year, the stock's recent performance has been hampered by falling investor participation, as indicated by a 52.89% drop in delivery volume compared to the five-day average. Additionally, while the stock is trading at a discount to its peers and has seen rising promoter confidence with a 1.12% increase in stake, these positive factors have not been enough to counteract the recent price decline.
In the broader market context, Indo Amines has underperformed the Sensex in the short term, with a 2.00% decline over the past week compared to a slight increase of 0.15% for the benchmark. However, the stock has shown strong performance over longer periods, outperforming the BSE500 over the last three years, one year, and three months. Despite the recent downturn, the company's healthy long-term growth prospects and improved promoter confidence suggest that the stock may have potential for recovery in the future, although current market conditions and investor sentiment appear to be weighing heavily on its price.