Why is Intellect Design falling/rising?

As of 29-Sep, Intellect Design Arena Ltd. is experiencing a decline in its stock price, currently at Rs 959.40, which reflects a decrease of Rs 26.55 or 2.69%. The stock has underperformed its sector by 2.63% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9.33% during this period. Additionally, the stock has shown a negative return of 10.55% over the past week, while its one-month performance is slightly better at a decline of 1.30%. Despite having a high management efficiency with a return on equity (ROE) of 15.25% and a low debt-to-equity ratio, the stock's recent performance is hindered by falling investor participation, as evidenced by a decrease in delivery volume.
Broader market context indicates that the Sensex has also faced a decline of 2.18% over the past week, suggesting a challenging environment for stocks in general. However, Intellect Design's performance has been notably worse than the benchmark, particularly in the short term. While the company has shown healthy long-term growth with an operating profit growth rate of 50.19% and an increase in institutional holdings, these positive factors have not been sufficient to counteract the recent price drop. The stock's trading at a premium compared to its peers and its negative return of 3.02% over the past year further complicates its current market position.