Why is IB Infotech falling/rising?

As of 18-Nov, IB Infotech Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 241.00, which reflects a decrease of Rs 6.15 or 2.49%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 9.67% during this period. Additionally, it opened with a loss of 2.49% today and reached an intraday low of Rs 234.8, which is a 5% drop. Over the past week, the stock has decreased by 9.02%, while its performance over the last month shows a decline of 12.01%. Despite a strong year-to-date return of 21.99% and a remarkable 5-year return of 2366.73%, the recent trend indicates significant short-term weakness. There is also a notable increase in investor participation, with delivery volume rising by 79.96% against the 5-day average, suggesting some interest despite the price drop.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.96% over the past week and 0.86% over the past month. This indicates that while the overall market is experiencing positive momentum, IB Infotech is lagging significantly behind. The stock's performance today underperformed its sector by 1.93%, further highlighting its struggles in the current market environment. The moving averages indicate that while the stock is above the 100-day and 200-day averages, it is below the shorter-term 5-day, 20-day, and 50-day averages, suggesting a bearish trend in the short term. Overall, the combination of recent price declines, underperformance relative to the benchmark, and the mixed signals from moving averages contribute to the stock's current downward trajectory.