Why is Innovana Think. falling/rising?

As of 28-Jul, Innovana Thinklabs Ltd is experiencing a decline in its stock price, currently at Rs 543.25, which reflects a decrease of Rs 4.15 or 0.76%. The stock has been on a downward trend, having fallen consecutively for the last two days with a total decline of 6.41%. Although it opened with a gain of 2.3% today and reached an intraday high of Rs 560, it also touched a low of Rs 530, indicating volatility. Over the past week, the stock has underperformed with a return of -6.98%, while it has shown a positive performance of +6.31% over the last month. Additionally, the stock has a low Debt to Equity ratio, which is generally favorable, and there has been an increase in institutional investor participation, with a 0.61% rise in their stake.
In the broader market context, the Sensex has declined by 1.59% over the past week, which suggests that the stock's short-term performance is worse than the benchmark. Despite the recent struggles, the stock has outperformed its sector by 0.46% today, indicating some resilience. However, the falling investor participation, with a significant drop in delivery volume, may be contributing to the stock's recent price decline. Overall, while there are some positive factors such as institutional interest, the recent price movements and declining participation suggest a challenging environment for Innovana Thinklabs Ltd.