Why is Innovana Think. falling/rising?

As of 15-Jul, Innovana Thinklabs Ltd is experiencing a decline in its stock price, currently at 600.00, which reflects a decrease of 5.0 or 0.83%. The stock has underperformed its sector today by 1.21% and has been on a downward trend for the last two days, accumulating a total loss of 2.91%. Despite touching an intraday high of Rs 618, it also reached a low of Rs 570.1, indicating significant volatility. Over the past week, the stock has shown a positive return of 4.75%, and over the last month, it has surged by 48.04%, significantly outperforming the Sensex, which only increased by 1.79%. The company maintains a low Debt to Equity ratio, which is generally favorable, but this may not be sufficient to counteract the recent price drop.
Broader market context indicates that while Innovana Thinklabs has been performing well over the longer term, with a year-to-date return of 40.19% compared to the Sensex's 5.67%, the current short-term performance reflects a different narrative. The stock's recent struggles may be attributed to market sentiment and investor behavior, as evidenced by the increased delivery volume, suggesting rising investor participation despite the price decline. The stock's liquidity remains adequate for trading, but the current negative momentum could be influenced by broader market conditions or sector-specific challenges that are not detailed in the provided data.