Why is Indo Amines falling/rising?

As of 26-Aug, Indo Amines Ltd's stock price is currently at Rs 150.90, reflecting a decrease of Rs 4.6 or 2.96%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.79% during this period. Today's trading activity shows a significant drop in investor participation, with delivery volume decreasing by 58.75% compared to the five-day average. Over the past week, the stock has declined by 5.33%, while it has shown a slight increase of 0.27% over the past month. Despite the recent downturn, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 35.13% and a notable rise in net sales and profit after tax in the latest quarter.
Broader market context indicates that Indo Amines has underperformed the Sensex, which has only declined by 1.05% over the past week. The stock's year-to-date performance shows a significant drop of 10.82%, contrasting with the Sensex's gain of 3.39%. While the stock is trading at a discount compared to its peers and has a favorable PEG ratio of 0.6, the recent price movements suggest that investor sentiment may be cautious, possibly due to the declining delivery volumes and consecutive price falls. Overall, while the company has strong fundamentals, the current market dynamics and recent performance trends are contributing to the stock's downward movement.