Why is Indbank Merchant falling/rising?

As of 13-Nov, Indbank Merchant Banking Services Ltd is experiencing a decline in its stock price, currently at 37.32, which reflects a decrease of 0.19 or 0.51%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 8.86% during this period. Additionally, the stock's performance over the past week shows a decrease of 4.31%, while it has underperformed the sector by 0.49% today. The stock's delivery volume has also decreased significantly, falling by 41.56% against the five-day average, indicating a drop in investor participation. Furthermore, while the stock is trading higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages, suggesting a short-term weakness.
In the broader market context, the Sensex has shown a positive return of 1.40% over the past week, contrasting sharply with Indbank's negative performance. This indicates that the stock is not only underperforming relative to the market but also lagging behind its benchmark over various time frames, including a year-to-date decline of 19.41% compared to the Sensex's gain of 8.11%. The overall market conditions appear to favor other stocks, as evidenced by the benchmark's positive returns, which further exacerbates Indbank's struggles in attracting investor interest and maintaining its price stability.