Why is Incap falling/rising?

As of 07-Nov, Incap Ltd's stock price is currently at 100.00, reflecting a decrease of 1.7, or 1.67%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.59% during this period. Today, it reached an intraday low of Rs 96.65, which is a drop of 4.97%. The stock's performance over the past week shows a significant decline of 8.17%, and over the past month, it has decreased by 15.97%. While the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 66.43% compared to the 5-day average, indicating some interest despite the recent price drop.
In the broader market context, the Sensex has only declined by 0.86% over the past week, contrasting sharply with Incap's performance. This suggests that the stock is not only underperforming relative to the market but also to its sector, as it has underperformed by 1.44% today. Year-to-date, Incap has seen a decline of 8.22%, while the Sensex has gained 6.50%, further highlighting the stock's struggles. Overall, the combination of recent price declines, underperformance against the benchmark, and the mixed signals from trading volumes contribute to the current downward trend in Incap's stock price.