Why is Innocorp falling/rising?

As of 18-Jul, Innocorp Ltd's stock price is currently at 5.50, reflecting a decrease of 0.02, or 0.36%. The stock has been experiencing a consecutive decline over the last four days, resulting in a total drop of 3.68% in the past week. Although the stock is performing better over the longer term with a 7.84% increase over the past month and a 3.19% rise year-to-date, it is currently below the 5-day, 50-day, 100-day, and 200-day moving averages, indicating a short-term weakness. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 98.31% compared to the 5-day average, which may contribute to the stock's recent downward trend.
In the broader market context, Innocorp's recent performance contrasts with the Sensex, which has only declined by 0.90% over the past week. This suggests that while Innocorp is facing challenges, the overall market is also experiencing some weakness. However, the stock's longer-term performance remains positive compared to the benchmark, with a 3.77% increase over the past year versus the Sensex's 0.51%. The combination of declining short-term returns, reduced investor participation, and the stock's position relative to moving averages indicates that Innocorp is currently under pressure, despite its stronger performance in the longer term.