Why is Infronics Sys. falling/rising?

As of 13-Oct, Infronics Systems Ltd is experiencing a decline in its stock price, currently at Rs 27.44, which reflects a decrease of Rs 1.55 or 5.35%. The stock has underperformed significantly, with a performance today that is 4.6% lower than its sector. It opened with a notable gap down of 6.86% and reached an intraday low of Rs 26.7, marking a 7.9% drop. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The year-to-date return is particularly concerning, with a decline of 44.57%, while the stock has also fallen after two consecutive days of gains. There is a notable decrease in investor participation, with delivery volume dropping by 30.3% compared to the five-day average, which may further contribute to the stock's downward pressure.
In the broader market context, the Sensex has shown a positive return of 0.66% over the past week, contrasting sharply with Infronics Systems' decline of 4.12% during the same period. This divergence highlights the stock's underperformance relative to the benchmark index. The overall market appears to be stable or improving, while Infronics is struggling significantly, as evidenced by its year-to-date performance compared to the Sensex's gain of 5.36%. The liquidity of the stock remains adequate for trading, but the negative sentiment surrounding it, coupled with its substantial losses over various time frames, suggests a challenging environment for recovery.