Why is IZMO falling/rising?

As of 29-Aug, IZMO Ltd's stock price is currently at 672.90, reflecting a decline of 25.3 points or 3.62%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 3.77%. Despite opening with a gain of 5.13% today and reaching an intraday high of Rs 734, it ultimately dropped to its current price. Over the past week, the stock has shown a strong performance with a return of 14.91%, and it has significantly outperformed the benchmark Sensex over various periods, including a remarkable 851.77% increase over the last three years. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profits increasing at an annual rate of 34.66%. However, the stock is trading at a premium compared to its peers, which may be contributing to the recent price decline.
In the broader market context, while IZMO has seen impressive returns over the past year, the Sensex has experienced a slight decline of 2.83% during the same period. The stock's recent volatility, with an intraday fluctuation of 7.11%, indicates a turbulent trading environment. Although the stock has been liquid enough for trading, the underperformance against its sector by 2.94% today suggests that investor sentiment may be cautious. The rising delivery volume indicates increased investor participation, but the current price drop could reflect profit-taking or market corrections after a strong performance. Overall, while IZMO has shown strong historical returns, the recent price movement suggests a reaction to both market conditions and investor sentiment.