Why is Identixweb falling/rising?

As of 19-Sep, Identixweb Ltd's stock price is currently at 70.40, reflecting a decrease of 1.6, or 2.22%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 5.19%. Today's trading saw significant volatility, with the stock opening down by 19.38% and reaching an intraday low of Rs 58.05. Despite this, it also touched a high of Rs 78, indicating a wide trading range of Rs 19.95. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, but there has been a notable drop in investor participation, with delivery volume falling by 83.33% compared to the 5-day average. There are no positive or negative dashboard factors available to further contextualize these movements.
Broader market context shows that Identixweb's short-term performance has been strong relative to the benchmark, with a 1-week return of 6.91% compared to the Sensex's 0.88% and a 1-month return of 11.13% against the Sensex's 1.20%. However, the recent price decline and high volatility may be causing concern among investors, leading to reduced participation. The stock's erratic trading pattern, including not trading on two days out of the last 20, may also contribute to its current instability in the market.