Why is Innovana Think. falling/rising?

As of 01-Jul, Innovana Thinklabs Ltd is experiencing a slight decline in its stock price, currently at 608.30, which reflects a decrease of 1.7 or 0.28%. Despite this drop, the stock has shown strong performance recently, with a notable 20.06% increase over the past week and a remarkable 72.71% rise over the last month. Today's trading saw the stock reach a new 52-week high of Rs 644.7, although it opened with a loss of 3.16% and fluctuated significantly throughout the day, touching a low of Rs 575. The company has a low debt-to-equity ratio, which is generally viewed positively and may contribute to investor confidence, despite the current price decline.
In the broader market context, Innovana Thinklabs Ltd has outperformed the Sensex, which only increased by 2.00% over the past week, while Innovana's returns were significantly higher. The stock's recent gains indicate strong investor interest, as evidenced by a 10.32% increase in delivery volume compared to the five-day average. This suggests that while the stock is currently facing a minor setback, its overall performance remains robust, particularly in comparison to the benchmark index.