Why is Indo Borax & Ch. falling/rising?

As of 29-Jul, Indo Borax & Chemicals Ltd is currently priced at 270.50, reflecting a decrease of 7.35 points or 2.65%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 7.55% during this period. Despite this short-term drop, the stock has shown strong performance over longer periods, with a 43.46% return over the past year and a remarkable 734.36% increase over the last five years. However, the stock's recent volatility, with an intraday range of Rs 27.6 and a high volatility of 8.11%, indicates significant price fluctuations. Additionally, a notable decrease in investor participation, with delivery volume falling by 62.26% compared to the five-day average, may be contributing to the current downward pressure on the stock.
In the broader market context, Indo Borax has outperformed the Sensex in both the short and long term, with a 29.43% return over the past month compared to a 3.24% decline in the benchmark. This strong relative performance highlights the company's resilience despite recent price declines. However, the stock's current underperformance against its sector by 3.07% today suggests that market sentiment may be shifting. The company's low debt-to-equity ratio and consistent long-term returns position it favorably, yet the recent decline in trading volume and high volatility could be causing investors to reassess their positions, leading to the current price drop.