Why is International Ge falling/rising?

As of 23-Sep, International Gemmological Institute (India) Ltd is experiencing a decline in its stock price, currently at 366.45, which reflects a decrease of 2.7 or 0.73%. The stock has underperformed its sector by 0.48% today and has been on a consecutive fall for the last four days, resulting in a total drop of 4.92% during this period. Although the stock has shown a positive return of 4.49% over the past month, it has significantly underperformed on a year-to-date basis with a decline of 33.79%. The stock's delivery volume has also decreased by 13.65% compared to the five-day average, indicating falling investor participation. Despite these challenges, the company maintains strong long-term fundamentals, with a high average Return on Equity (ROE) of 40.21% and a low Debt to Equity ratio, which could support future recovery.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while International Gemmological Institute's stock has dropped by 1.86% in the same timeframe, indicating that the stock's short-term performance is worse than the benchmark. The company's recent positive results, including strong operating cash flow and significant growth in profit after tax over the last six months, suggest potential for recovery. However, the ongoing decline in stock price and investor participation may overshadow these positive indicators in the short term.