Why is I R F C falling/rising?

As of 08-Sep, Indian Railway Finance Corporation Ltd (IRFC) is experiencing a rise in its stock price, currently at 124.60, reflecting an increase of 1.15 or 0.93%. The stock has shown a positive trend recently, gaining 2.38% over the last two days and outperforming its sector by 0.61%. In the past week, it has risen by 3.40%, although it has underperformed over the past month with a decline of 0.52%. Key financial indicators reveal that the company achieved its highest profit before tax and profit after tax in the latest quarter, alongside a low debt-equity ratio, which suggests a solid financial position. However, despite these positive results, the stock has underperformed significantly over the past year, with a return of -26.66%, indicating potential concerns among investors.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only increased by 0.53% over the past week. While IRFC has shown short-term gains, its year-to-date performance remains concerning, with a decline of -16.38% compared to the Sensex's increase of 3.39%. The limited interest from domestic mutual funds, holding only 1.83% of the company, may reflect a lack of confidence in the stock's valuation, despite its recent positive financial results. This mixed sentiment could contribute to the stock's volatility and ongoing scrutiny from investors.