Why is XT Global Infot. falling/rising?

As of 18-Sep, XT Global Infotech Ltd is experiencing a decline in its stock price, currently at Rs 42.49, which reflects a decrease of Rs 1.26 or 2.88%. The stock has underperformed its sector by 3.58% today and has shown a trend reversal after two consecutive days of gains. It reached an intraday high of Rs 44.8 but also fell to a low of Rs 41.6, indicating volatility. Despite this decline, the stock has performed well over the past week and month, with returns of 7.08% and 30.14%, respectively. However, it has underperformed over the past year, with a decline of 7.13%. The stock is trading above its moving averages, and there has been a significant increase in investor participation, with delivery volume rising by 296.38% against the 5-day average.
In the broader market context, the Sensex has shown a modest gain of 1.80% over the past week and 2.14% over the past month, indicating that while XT Global Infotech Ltd has outperformed the benchmark in the short term, its recent decline contrasts with the overall market trend. The stock's year-to-date performance is slightly better than the Sensex, but the significant drop today suggests that investor sentiment may be shifting, possibly due to the recent trend reversal and profit-taking after previous gains. The liquidity of the stock remains adequate for trading, which may help stabilize its price in the near term.