Why is IB Infotech falling/rising?

As of 07-Nov, IB Infotech Enterprises Ltd is currently priced at 255.00, reflecting a decrease of 3.25, or 1.26%. The stock has underperformed its sector today by 0.8%, and it experienced erratic trading, having not traded on one day out of the last 20. The stock reached an intraday low of Rs 245.35, marking a 5% decline. Additionally, the weighted average price indicates that more volume was traded closer to this low price. In terms of performance, the stock has shown a year-to-date increase of 29.08% and a one-year increase of 36.73%, significantly outperforming the benchmark Sensex, which has only risen by 6.50% and 4.62% in the same periods, respectively. However, there has been a notable decline in investor participation, with delivery volume dropping by 99.68% against the five-day average.
Broader Market Context: In the short term, the stock's performance over the past week has been negative, with a decline of 4.51%, contrasting with the Sensex's smaller drop of 0.86%. This suggests that while the broader market has faced some challenges, IB Infotech has struggled more significantly. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume and the fact that it is trading below its recent moving averages indicate a potential lack of investor confidence. Overall, the combination of underperformance relative to the sector, declining trading activity, and the stock's recent price movement contributes to the current downward trend.