Why is Indo Rama Synth. falling/rising?

As of 06-Nov, Indo Rama Synthetics (India) Ltd is experiencing a decline in its stock price, currently at 67.38, which reflects a decrease of 3.26 or 4.61%. The stock has underperformed its sector by 3.36% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.74% during this period. It opened with a significant loss of 5.58% and reached an intraday low of Rs 66.7. Additionally, the stock's delivery volume has decreased by 28.56% compared to the five-day average, indicating falling investor participation. Despite its strong year-to-date performance of 63.15% and a five-year return of 184.30%, the recent negative momentum suggests a shift in market sentiment.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.30% over the past week, Indo Rama Synthetics has underperformed with a 4.32% drop. While the stock has shown positive returns over the past month and year, the recent short-term performance indicates a struggle against broader market trends. The liquidity of the stock remains adequate for trading, but the recent price movements and declining investor interest may reflect broader concerns that could be impacting market confidence in the stock.