Why is ITCONS E-Soluti. falling/rising?

As of 29-Jul, ITCONS E-Solutions Ltd is experiencing a decline in its stock price, currently at Rs 531.40, reflecting a decrease of Rs 5.05 or 0.94%. The stock has underperformed its sector by 1.99% today and has been on a downward trend for the last three days, accumulating a total loss of 2.66% during this period. It opened with a significant gap down of 3.07% and reached an intraday low of Rs 509.65, which is a 5% drop. Additionally, the stock's performance over the past week shows a decline of 2.83%, and over the past month, it has decreased by 5.87%. The stock's year-to-date performance is notably poor, with a drop of 16.58%, contrasting sharply with the Sensex's gain of 4.09% during the same timeframe. There is a noted decrease in investor participation, with delivery volume falling by 18.18% against the five-day average, indicating reduced interest in the stock.
Broader Market Context: In the context of the broader market, ITCONS E-Solutions Ltd's recent performance has been significantly weaker than the benchmark Sensex, which has only declined by 1.03% over the past week and 3.24% over the past month. The stock's year-to-date performance starkly contrasts with the Sensex's positive return, highlighting a concerning trend for ITCONS E-Solutions Ltd. While the stock has shown impressive growth of 196.37% over the past year, the recent declines suggest that current market sentiment is unfavorable, compounded by the stock's inability to maintain momentum against the benchmark indices.