Why is Infibeam Avenues falling/rising?

As of 18-Jul, Infibeam Avenues Ltd is experiencing a decline in its stock price, currently at 15.93, reflecting a decrease of 0.28 or 1.73%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 4.04% over that period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 26.59% compared to the 5-day average, suggesting reduced investor participation. Despite the company’s positive financial indicators, such as a 20.11% growth in PAT and a healthy annual growth rate in net sales, the stock has generated a significant negative return of 45.95% over the past year, which raises concerns among investors.
In the broader market context, Infibeam Avenues has underperformed the Sensex, which has shown a slight increase of 0.38% over the past month, while the stock has dropped by 26.83%. This stark contrast highlights the stock's struggles relative to the benchmark. Although there has been an increase in institutional investor participation, with a 0.59% rise in their stake, the overall sentiment remains cautious due to the stock's historical underperformance over various time frames. The combination of declining short-term performance, reduced trading activity, and significant long-term losses contributes to the prevailing negative outlook for Infibeam Avenues.