Why is Indo Amines falling/rising?

As of 16-Jul, Indo Amines Ltd is currently priced at 160.50, reflecting a decline of 2.45, or 1.5%. The stock has underperformed its sector today by 1.35%, with trading volume closer to its low price, indicating weaker investor interest. Additionally, the delivery volume has decreased by 18.47% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has seen a decline of 3.78%, while it has performed better over the last month with a return of 6.12%. Despite a modest annual return of 0.63%, the company has shown healthy long-term growth with a 30.27% annual increase in operating profit, and the promoters have recently increased their stake, reflecting confidence in the company's future.
In the broader market context, the Sensex has declined by 1.08% over the past week, indicating a challenging environment for stocks in general. However, Indo Amines' year-to-date performance is notably weaker, with a decline of 5.14% compared to the Sensex's gain of 5.75%. This suggests that while the overall market is experiencing some recovery, Indo Amines is struggling to keep pace. The stock's current valuation appears fair, trading at a discount to its peers, and its consistent returns over the last three years indicate potential for recovery, but the recent flat results and low cash reserves may be contributing to the current downward pressure on its price.