Why is IB Infotech falling/rising?

As of 06-Oct, IB Infotech Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 266.75, which represents a decrease of 14.0 points or 4.99%. The stock has underperformed its sector by 4.33% today and has been on a consecutive fall for the last two days, resulting in a total decline of 9.73% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 1-month return of 44.97%, a year-to-date return of 35.03%, and an impressive 3-year return of 745.48%. The stock is trading above its moving averages for 5, 20, 50, 100, and 200 days, indicating a generally positive trend prior to the recent drop. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 64.94% against the 5-day average, suggesting ongoing interest despite the price decline.
In the broader market context, the Sensex has shown a positive return of 1.77% over the past week, contrasting sharply with IB Infotech's decline of 0.48% during the same period. This indicates that while the overall market is performing well, IB Infotech is lagging behind. The stock's current liquidity is adequate for trading, as it represents 2% of the 5-day average traded value, which may provide some stability. However, the significant drop in price today, opening with a loss of 4.99%, reflects a negative sentiment that could be impacting investor confidence, despite the stock's strong historical performance.