Why is Infibeam Avenues falling/rising?

As of 30-Jun, Infibeam Avenues Ltd is experiencing a decline in its stock price, currently at 16.59, which reflects a decrease of 0.22 or 1.31%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 21.67% during this period. Over the past week, the stock has decreased by 17.54%, and it has shown a significant drop of 46.29% over the past year. Despite the company reporting positive financial results, including a 20.11% growth in PAT and a healthy increase in net sales, the stock's performance has not translated into positive market sentiment, as it continues to trade below its moving averages across various time frames.
In the broader market context, Infibeam Avenues' recent performance contrasts sharply with the Sensex, which has gained 2.09% over the past week and 7.00% year-to-date. This stark difference highlights the stock's struggles in comparison to the benchmark. Additionally, while institutional investors have increased their stake in the company, suggesting some confidence in its fundamentals, the overall market perception remains cautious due to the stock's long-term underperformance and significant declines in both short-term and long-term returns.