Why is Indo-City Info. falling/rising?

As of 31-Oct, Indo-City Infotech Ltd's stock price is currently at 12.50, reflecting a decline of 0.42, or 3.25%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 6.44% during this period. Additionally, the stock's performance today has underperformed its sector by 3.01%. In terms of returns, the stock has experienced a year-to-date decline of 20.38% and a one-year decrease of 17.49%, although it has shown significant growth over the past three years with a return of 104.92%. Notably, there has been a decrease in investor participation, with delivery volume falling by 16.27% compared to the five-day average, indicating reduced interest in trading the stock.
Broader market context shows that the Sensex has only decreased by 0.32% over the past week, while Indo-City Infotech Ltd has dropped by 2.95% in the same timeframe, highlighting its underperformance relative to the benchmark. Despite a positive return of 6.47% over the past month compared to the Sensex's 3.65%, the stock's year-to-date and one-year performance significantly lags behind the benchmark's gains of 7.42% and 5.73%, respectively. This context suggests that while there may have been some short-term recovery, the overall trend for Indo-City Infotech Ltd remains negative, influenced by both internal factors such as declining investor interest and external market conditions.