Why is Infibeam Avenues falling/rising?

As of 22-Jul, Infibeam Avenues Ltd's stock price is currently at 16.16, reflecting an increase of 0.22 or 1.38%. The stock has been gaining for the last two days, with a total return of 1.44% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Despite a significant decline of 43.77% over the past year, the company has shown strong fundamentals, with net sales growing at an annual rate of 43.85% and a positive profit after tax growth of 20.11%. Additionally, institutional investors have increased their stake, suggesting a growing confidence in the company's potential.
In the broader market context, Infibeam Avenues has underperformed the Sensex, which has shown a slight increase of 5.18% year-to-date, while Infibeam's year-to-date return is a substantial decline of 37.94%. The stock's short-term performance, while slightly better than the benchmark in the last week, still reflects a broader trend of underperformance over longer periods. The recent increase in stock price may be attributed to positive investor sentiment following the company's consistent quarterly results and healthy growth metrics, despite the overall negative trend in its longer-term performance.