Why is IITL Projects falling/rising?

As of 10-Oct, IITL Projects Ltd is experiencing a decline in its stock price, currently at Rs 54.01, which reflects a decrease of Rs 5.9 or 9.85%. The stock has underperformed significantly today, with a performance that is 11.29% lower than its sector. It has shown erratic trading patterns, not trading on one day out of the last 20, and has reached an intraday low of Rs 53.92, marking a 10% drop. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also plummeted by 98.05% compared to the 5-day average, suggesting a lack of investor interest and participation.
In the broader market context, IITL Projects has underperformed relative to the Sensex, which has gained 1.59% over the past week while IITL Projects has dropped 8.92%. Year-to-date, the stock is down 9.98%, contrasting sharply with the Sensex's 5.58% increase. Although the stock has shown strong performance over the long term, with a 249.58% increase over three years, the recent volatility and declining investor participation indicate a challenging environment for the stock in the short term.