Why is Indbank Merchant falling/rising?

As of 27-Oct, Indbank Merchant Banking Services Ltd is experiencing a decline in its stock price, currently at 39.42, which represents a decrease of 0.91 or 2.26%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.78% over the past week. Additionally, the stock's performance today has underperformed its sector by 2.54%. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 30.85% compared to the 5-day average, indicating reduced trading interest.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 0.49% over the past week, while Indbank has declined by 5.78%, highlighting a significant underperformance relative to the broader market. Over the past month, however, Indbank has outperformed the Sensex with a return of 21.22% compared to the benchmark's 5.41%. Year-to-date, the stock is down 14.88%, contrasting with the Sensex's gain of 8.50%. This divergence suggests that while there have been periods of strong performance, recent trends indicate a downturn that may be influenced by declining investor interest and overall market conditions.