Why is Southern Infocon falling/rising?

As of 18-Sep, Southern Infoconsultants Ltd's stock price is currently at Rs 32.10, reflecting a decline of Rs 2.43 or 7.04%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 16.32%. It opened today with a significant loss of 9.99% and reached an intraday low of Rs 31.08. Despite this downturn, the stock has shown strong performance over the longer term, with a 27.28% increase over the past week and a 31.45% increase over the past month. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to the recent decline. There is also a notable increase in investor participation, with delivery volume rising by 69.8% against the 5-day average, suggesting ongoing interest despite the current price drop.
In the broader market context, Southern Infoconsultants Ltd has significantly outperformed the Sensex over various time frames, including a 22.33% year-to-date return compared to the Sensex's 6.24%. However, today's performance indicates a stark contrast, as the stock has underperformed its sector by 7.74%. The recent price decline may reflect market corrections or profit-taking after a strong rally, despite the stock's overall positive trajectory in the longer term. The liquidity of the stock remains adequate, allowing for trades without significant issues, which may help stabilize its price in the near future.