Why is Indo Amines falling/rising?

As of 22-Jul, Indo Amines Ltd is currently priced at 160.00, reflecting a decrease of 1.85, or 1.14%. The stock has underperformed its sector today by 0.89% and has experienced a trend reversal, falling after two consecutive days of gains. In terms of performance against benchmarks, the stock has shown a 1-week decline of 1.81%, while it has performed positively over the past month with a return of 7.82%. Despite the recent decline, the stock has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 30.27%. The promoters have also shown confidence by increasing their stake by 1.12%, indicating a positive outlook for the company's future.
Broader Market Context: In the broader market, the Sensex has decreased by only 0.47% over the past week, suggesting that Indo Amines' short-term decline is more pronounced compared to the overall market. While the stock has generated a return of 12.40% over the past year, outperforming the Sensex's 2.09%, its year-to-date performance shows a decline of 5.44%, contrasting with the Sensex's gain of 5.18%. This indicates that while Indo Amines has strong long-term potential, recent price movements may reflect short-term volatility or profit-taking by investors.