Why is Indiamart Inter. falling/rising?

As of 10-Sep, Indiamart Intermesh Ltd's stock price is currently at 2,582.00, reflecting a slight decline of 0.4, or 0.02%. The stock has underperformed its sector by 2.57% today and has experienced a trend reversal, falling after four consecutive days of gains. Over the past week, the stock has increased by 2.10%, although it has seen a significant decline of 17.41% over the past year. Despite this recent dip, the company has demonstrated strong financial performance, with a high return on equity (ROE) of 18.31%, a low debt-to-equity ratio, and consistent positive results over the last nine quarters, including a notable growth in profit after tax (PAT) of 56.41% in the latest six months.
In the broader market context, the Sensex has increased by 1.06% over the past week, indicating that while Indiamart's stock has risen in the short term, it has not kept pace with the benchmark. The IT - Software sector has gained by 2.53%, further highlighting the stock's underperformance relative to its peers. However, rising investor participation, as evidenced by a 53.42% increase in delivery volume, suggests that there is still interest in the stock despite its recent decline. The liquidity of the stock remains adequate for trading, which may provide some support for its price in the near term.