Why is Infibeam Avenues falling/rising?

As of 26-Jun, Infibeam Avenues Ltd is experiencing a decline in its stock price, currently at Rs 17.49, reflecting a decrease of 3.69 (-17.42%). The stock has underperformed significantly today, with a performance that is 17.36% lower than its sector. It opened with a loss of 5.62% and reached an intraday low of Rs 17.26, indicating high volatility with an intraday fluctuation of 10.75%. Over the past week, the stock has dropped by 18.50%, and its year-to-date return stands at -32.83%. Despite the company showing healthy long-term growth with a 43.85% annual increase in net sales and consistent positive results over the last 15 quarters, the stock has generated a return of -44.26% over the past year, leading to negative sentiment among investors.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has increased by 2.94% over the past week. This underperformance is compounded by the fact that Infibeam Avenues has lagged behind the BSE 500 index over various time frames, including the last three years and one year. Although there has been an increase in institutional investor participation, which may indicate some confidence in the company's fundamentals, the overall negative returns and the stock trading below its moving averages suggest a lack of momentum. Consequently, the combination of poor short-term performance relative to the benchmark and the stock's historical underperformance raises concerns among investors, contributing to its current decline.