Why is IZMO falling/rising?

As of 01-Aug, IZMO Ltd's stock price is currently at 366.50, reflecting a decrease of 1.25, or 0.34%. The stock has been experiencing a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 5.48% during this period. Despite touching an intraday high of Rs 378.4, the stock's performance today has been characterized by lower trading volume near its low price of Rs 357.35. Over the past week, IZMO has underperformed the Sensex, with a return of -3.70% compared to the benchmark's -1.06%. Although the company has shown healthy long-term growth with a significant increase in operating profit and positive results over the last three quarters, the recent price movement reflects a lack of investor participation, as evidenced by a 7.26% drop in delivery volume.
Broader Market Context: In the context of the broader market, IZMO's year-to-date performance is notably poor, with a decline of 33.87%, while the Sensex has gained 3.15% during the same period. This stark contrast highlights the challenges faced by IZMO in attracting investor interest, despite its attractive valuation and strong profit growth. The stock's recent performance, particularly its consecutive declines, suggests that market sentiment may be weighing heavily on it, overshadowing its positive financial indicators. The liquidity of the stock remains adequate for trading, but the overall market context indicates a struggle for IZMO to regain momentum amidst broader market gains.