Why is Indiabulls Enter falling/rising?

As of 27-Oct, Indiabulls Enterprises Ltd is currently priced at Rs 18.75, reflecting a decline of Rs 1.54 or 7.59%. The stock has underperformed its sector by 7.87% today, following a trend reversal after three consecutive days of gains. It reached an intraday high of Rs 21.5, but also dipped to a low of Rs 18.27, indicating high volatility with an intraday fluctuation of 11.75%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 6.93% against the 5-day average, which may contribute to the stock's downward pressure. There are no positive or negative factors available to provide further context on the stock's recent performance.
Broader market context shows that over the past week, Indiabulls Enterprises Ltd has declined by 4.77%, while the Sensex has gained 0.49%. In the last month, the stock has decreased by 3.75%, contrasting with a 5.41% increase in the benchmark index. Year-to-date, the stock has a slight decline of 2.39%, while the Sensex has risen by 8.50%. This underperformance relative to the benchmark indicates that broader market conditions are favoring other stocks, further exacerbating the challenges faced by Indiabulls Enterprises Ltd.