Why is Infibeam Avenues falling/rising?

As of 13-Nov, Infibeam Avenues Ltd is experiencing a price increase, currently at Rs 19.21, reflecting a rise of 1.42 or 7.98%. The stock has shown strong performance today, outperforming its sector by 8.52% and achieving a consecutive gain over the last two days with a total return of 9.21%. It opened with a significant gain of 8.26% and reached an intraday high of Rs 19.48. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 51.61% and operating profit at 35.54%. However, it has a low return on equity (ROE) of 4.07%, which signifies low profitability per unit of shareholders' funds, and it has underperformed the market over the past year with a return of -27.84%.
In the broader market context, the stock's short-term return of +5.72% over the past week significantly outpaces the Sensex's return of +1.40% during the same period. Despite this recent positive movement, the stock has struggled over the longer term, with a year-to-date decline of -26.23% compared to the Sensex's gain of +8.11%. The decrease in institutional investor participation, which has fallen by -0.82% over the previous quarter, may also contribute to the stock's volatility and overall performance. While the stock is currently gaining, its historical underperformance relative to the market and low management efficiency could pose challenges for sustained growth.