Why is Intellect Design falling/rising?

As of 13-Aug, Intellect Design Arena Ltd. is experiencing a slight increase in its stock price, currently at 927.35, with a change of 0.35, representing a 0.04% rise. The stock's performance today is in line with its sector, and it is trading higher than its 200-day moving average, although it is lower than its 5-day, 20-day, 50-day, and 100-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 41.56% against the 5-day average. Despite a challenging month where the stock has declined by 19.43%, it has shown strong long-term growth with a 51.55% increase over the past three years. The company boasts high management efficiency, a low debt-to-equity ratio, and healthy operating profit growth, which are positive indicators for its valuation and future performance.
In the broader market context, the stock has underperformed compared to the Sensex over the past week and month, with declines of 1.76% and 19.43% respectively, while the Sensex has remained relatively flat. However, the stock's long-term performance remains strong, with a 391.57% increase over five years, significantly outperforming the benchmark's 110.23% increase. The presence of high institutional holdings at 34.99% indicates confidence from larger investors, which may support the stock's stability despite recent volatility. Overall, while the stock has faced short-term challenges, its solid fundamentals and institutional backing suggest a potential for recovery in the future.