Why is Indo Rama Synth. falling/rising?

As of 18-Sep, Indo Rama Synthetics (India) Ltd is experiencing a price increase, currently at Rs 54.10, reflecting a rise of 1.25 or 2.37%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 2.17% today and reached an intraday high of Rs 54.7, marking a 3.5% increase. Despite this positive movement, the stock has seen a decrease in investor participation, with delivery volume falling by 3.77% compared to the 5-day average. Over the year, the stock has shown a return of 5.97%, which is significantly higher than the Sensex's return of 0.08%, indicating a strong performance relative to the broader market.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, as it has declined by 0.84% over the past week while the Sensex has increased by 1.80%. However, on a year-to-date basis, Indo Rama Synthetics has outperformed the Sensex with a return of 30.99% compared to the benchmark's 6.24%. This suggests that while the stock has faced recent challenges, its overall performance this year has been robust, contributing to the current rise in price.