Why is Intense Tech. falling/rising?

As of 20-Jun, Intense Technologies Ltd is experiencing a price increase, with its current price at Rs 90.96, reflecting a rise of Rs 4.46 or 5.16%. Today's price summary indicates that the stock has outperformed its sector by 4.5% and has gained after six consecutive days of decline, reaching an intraday high of Rs 91.54. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Despite a significant drop of 30.25% year-to-date and 35.79% over the past year, the company has shown a profit increase of 4.4%, indicating some resilience. The stock's attractive valuation, with a Price to Book Value of 1.5 and a high return on equity (ROE) of 15.75%, may also contribute to its recent upward movement, although falling investor participation and lower delivery volumes could temper this recovery.
In the broader market context, Intense Technologies' short-term performance has been notably weaker compared to the benchmark, as it has declined by 4.23% over the past week while the Sensex has gained 1.59%. This underperformance is further highlighted by the stock's year-to-date decline of 30.25% against the Sensex's increase of 5.46%. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests a lack of strong investor confidence at this time. Overall, while there are some positive indicators for Intense Technologies, the broader market context and recent performance trends indicate a cautious outlook.