Why is Infibeam Avenues falling/rising?

As of 19-Sep, Infibeam Avenues Ltd's stock price is currently at 16.33, reflecting an increase of 0.09 or 0.55%. The stock has shown positive performance today, outperforming its sector by 0.95%. It is trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Over the past week, the stock has gained 2.38%, while it has increased by 2.96% over the past month. Despite a significant decline of 41.20% over the past year, the company has demonstrated strong fundamentals, with net sales growing at an annual rate of 51.61% and operating profit increasing at 35.54%. The company has also reported positive results for the last 16 consecutive quarters, contributing to a healthy outlook.
In the broader market context, the Sensex has risen by 0.88% over the past week and 1.20% over the past month, indicating a generally positive market environment. Infibeam's recent performance, particularly its rising investor participation and liquidity, suggests a growing interest among investors despite its long-term challenges, as evidenced by a year-to-date decline of 37.29%. The stock's attractive valuation, with a low debt-to-equity ratio and a price-to-book value of 1.2, further supports its potential for recovery. Overall, while the stock has faced significant declines in the past year, its recent upward movement can be attributed to strong operational performance and improved investor sentiment.