Why is InfoBeans Tech. falling/rising?

As of 26-Aug, InfoBeans Technologies Ltd is experiencing a decline in its stock price, currently at Rs 630.45, which reflects a decrease of Rs 50.4 or 7.4%. Today's price summary indicates that the stock has underperformed its sector by 6.9% and has fallen after two consecutive days of gains. It reached an intraday low of Rs 626.05, showcasing high volatility with an intraday fluctuation of 5.68%. Despite this drop, the stock has shown strong performance over the past month with an increase of 11.33%, and a year-to-date return of 53.39%. The company has maintained a low debt-to-equity ratio and has reported positive results for the last six consecutive quarters, which may support its long-term outlook despite the current decline.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 1.05% over the past week. While InfoBeans Technologies has outperformed the market significantly over the past year with a return of 37.44% compared to the Sensex's decline, the recent downturn suggests a short-term correction. The market as a whole has faced negative returns, with the BSE500 index down by 3.87% in the last year, indicating that broader market conditions may also be influencing the stock's current price movement.