Why is Inspirisys Sol. falling/rising?

As of 11-Jul, Inspirisys Solutions Ltd is currently priced at Rs 107.00, reflecting an increase of Rs 1.05 or 0.99%. The stock has shown a positive performance today, outperforming its sector by 3.13% and achieving a consecutive gain over the last two days with a total return of 3.48%. However, it opened with a loss of 2.6% and experienced intraday fluctuations, touching a high of Rs 108.95 and a low of Rs 103. Despite a recent decline of 0.93% over the past week, the stock has performed positively over the last month with a return of 0.94%. Notably, the company reported significant growth in its quarterly profit after tax, which increased by 133.5%, and its net sales reached a record high of Rs 120.34 crore, contributing to a favorable valuation compared to its peers.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 1.12% over the past week. While Inspirisys Solutions Ltd has seen a year-to-date decline of 4.85%, the benchmark has gained 5.58% in the same period. The IT sector has also faced challenges, with a drop of 2.17%. Despite these pressures, the stock's attractive valuation, indicated by a PEG ratio of 0.1 and a return on capital employed of 34.8%, suggests potential for recovery. However, falling investor participation, as evidenced by a significant drop in delivery volume, may pose challenges for sustained upward momentum.