Why is Indokem falling/rising?

As of 18-Nov, Indokem Ltd's stock price is currently at Rs 829.15, reflecting a decrease of Rs 43.6, or 5.0%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 9.55% during this period. Today, it opened with a loss of 5% and reached an intraday low of Rs 829.15. Additionally, the stock has shown a significant year-to-date increase of 740.07%, but its recent performance over the past week has been negative, with a decline of 4.80%. There is a notable decrease in investor participation, as evidenced by a 36.56% drop in delivery volume compared to the five-day average, which may indicate waning interest among investors.
In the broader market context, the Sensex has increased by 0.96% over the past week, contrasting with Indokem's decline. This suggests that while the overall market is experiencing positive momentum, Indokem is struggling to keep pace. The stock's performance over the last month shows a substantial gain of 54.25%, but the recent downturn indicates a potential correction or profit-taking after a period of significant growth. The stock remains liquid enough for trading, but the combination of falling investor participation and underperformance relative to the sector may be contributing to its current price decline.