Why is Indo Amines falling/rising?

As of 14-Jul, Indo Amines Ltd is currently priced at 157.45, reflecting a decrease of 3.25, or 2.02%. The stock has been on a downward trend, having underperformed its sector by 1.41% today and experiencing a consecutive decline over the last five days, resulting in a total drop of 6.61%. Despite this recent downturn, the stock has shown strong long-term growth, with a 30.27% annual increase in operating profit and a notable 18.92% return over the past year. However, the stock's cash and cash equivalents are at their lowest, which may contribute to investor concerns. Additionally, while promoter confidence has increased with a 1.12% rise in stake, the recent flat results and declining investor participation could be influencing the stock's negative performance.
In the broader market context, Indo Amines' short-term performance has significantly lagged behind the benchmark, with a 1-week return of -6.61% compared to the Sensex's -1.42%. This underperformance in the short term contrasts with the stock's positive long-term trajectory, where it has outperformed the BSE500 over the past three years, one year, and three months. The market's overall sentiment appears to be cautious, as indicated by the falling delivery volume and liquidity concerns, which may further pressure the stock's price in the near term.