Why is IOL Chemicals falling/rising?

As of 26-Sep, IOL Chemicals & Pharmaceuticals Ltd is experiencing a decline in its stock price, currently at Rs 103.87, which reflects a decrease of Rs 6.89 or 6.22%. The stock has been underperforming recently, having fallen consecutively for the last five days, resulting in a total decline of 13.43% over that period. Today's trading saw the stock reach an intraday low of Rs 103.16, and the volume traded was notably lower, with a 39.91% drop in delivery volume compared to the five-day average. Despite having a low debt-to-equity ratio and an increase in institutional investor participation, the stock's performance has been negatively impacted by these recent trends.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -13.43% compared to the Sensex's decline of only 2.66%. However, over the longer term, the stock has outperformed the market, showing a 6.42% gain over the past year while the broader market has declined by 6.30%. This contrast highlights the stock's ability to generate positive returns despite recent volatility, suggesting that while current investor sentiment may be negative, the company's fundamentals remain relatively strong in the long run.