Why is Indiabulls Enter falling/rising?

As of 29-Sep, Indiabulls Enterprises Ltd is experiencing a decline in its stock price, currently at 19.11, which reflects a decrease of 0.37 or 1.9%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 7.59% during this period. Additionally, the stock's performance today has underperformed its sector by 1.69%. In terms of returns, over the past week, the stock has decreased by 5.77%, while it has shown a modest increase of 2.08% over the past month. However, year-to-date, it has slightly underperformed the benchmark with a decline of 0.52%, despite a strong annual return of 54.11%. Notably, investor participation has decreased significantly, with delivery volume dropping by 72.83% compared to the five-day average, indicating waning interest among investors.
Broader Market Context: In the context of the broader market, the Sensex has also faced challenges, declining by 2.18% over the past week and showing a modest gain of 0.70% over the past month. While Indiabulls Enterprises has outperformed the benchmark over the past year, the recent short-term performance suggests a divergence from the broader market trends. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume may signal caution among investors, contributing to the stock's recent downward trajectory.