Why is Indo Rama Synth. falling/rising?

As of 16-Sep, Indo Rama Synthetics (India) Ltd is experiencing a decline in its stock price, currently at 54.07, which reflects a decrease of 0.38 or 0.7%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of 4.00% and 4.89% respectively. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the longer term. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 23.78% against the 5-day average. The company has reported strong financial results, including a significant growth in net sales and a remarkable increase in profit after tax, which suggests a solid operational performance.
In the broader market context, Indo Rama Synthetics has outperformed the benchmark Sensex over the past week and month, with the Sensex returning 1.58% and 2.21% respectively during those periods. However, the stock's performance today has underperformed its sector by 2.15%. While the stock has generated a modest return of 0.43% over the past year, its profits have surged by 143.8%, indicating a strong underlying business despite the recent price decline. The stock is currently trading at a discount compared to its peers, which may attract future investment, but the recent price movement suggests some short-term volatility amidst a generally positive financial outlook.