Why is Indiabulls Enter falling/rising?

As of 06-Aug, Indiabulls Enterprises Ltd is experiencing a price increase, currently at 16.93, reflecting a change of 0.8 or 4.96% upwards. Despite this positive movement today, the stock has seen a decline of 2.87% over the past week and a significant drop of 16.48% over the past month. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline. However, it is trading below all key moving averages, and there has been a notable decrease in investor participation, with delivery volume falling by 49.69% compared to the five-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, while Indiabulls Enterprises Ltd has outperformed its sector by 5.34% today, its short-term performance remains weaker than the benchmark Sensex, which has only declined by 1.15% over the past week. Year-to-date, the stock is down 11.87%, contrasting sharply with the Sensex's gain of 3.08%. This disparity highlights the stock's struggles in the current market environment, despite today's uptick, suggesting that broader market conditions may still be impacting investor sentiment negatively.