Why is Incredible Indus falling/rising?

As of 04-Nov, Incredible Industries Ltd is experiencing a decline in its stock price, currently at Rs 43.94, which represents a decrease of Rs 1.76 or 3.85%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.07% during this period. Today, it opened with a loss of 3.59% and reached an intraday low of Rs 43.49, indicating significant selling pressure. Additionally, 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. Despite a rise in investor participation, with delivery volume increasing by 21.56% against the 5-day average, the overall performance remains weak, as the stock has declined 7.28% over the past month, contrasting with the Sensex's gain of 2.77%.
In the broader market context, the stock's recent performance has been notably poor compared to the benchmark index. Over the past week, Incredible Industries Ltd has shown a slight gain of 0.32%, while the Sensex has dropped by 1.38%. Year-to-date, the stock is down 4.79%, whereas the Sensex has increased by 6.81%. This underperformance highlights a challenging environment for the stock, especially given the broader market's positive trajectory. The lack of available positive or negative factors further complicates the analysis of the stock's recent movements, leaving a gap in understanding the specific catalysts behind its decline.