Why is InfoBeans Tech. falling/rising?

As of 31-Jul, InfoBeans Technologies Ltd is currently priced at Rs 587.30, reflecting a decrease of Rs 18.2 or 3.01%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 6.12%. Today's performance indicates that it has underperformed its sector by 2.41%, and it reached an intraday low of Rs 562.4, which is a significant drop of 7.12%. Despite this recent downturn, the stock has shown strong performance over the past month with a 54.94% increase, and it has consistently outperformed the broader market over the last year, achieving a 33.48% return compared to the Sensex's decline of 0.68%. The company also maintains a low debt-to-equity ratio and has reported positive results for six consecutive quarters, which suggests underlying strength despite the current price drop.
In the broader market context, the stock's recent decline comes amidst a slight decrease in the Sensex, which has fallen by 1.22% over the past week. While InfoBeans Technologies has outperformed the market significantly over the past year, the recent two-day decline indicates a short-term weakness that contrasts with its strong long-term performance. The falling investor participation, evidenced by a 74.17% drop in delivery volume, may also be contributing to the stock's current price movement, suggesting that investors may be hesitant to buy in at this time. Overall, while the stock has shown resilience and strong fundamentals, the recent price action reflects a combination of short-term volatility and reduced trading activity.