Why is I R F C falling/rising?

As of 09-Sep, Indian Railway Finance Corporation Ltd (IRFC) is experiencing a slight increase in its stock price, currently at 124.80, reflecting a change of 0.2 or 0.16% upward. The stock has been gaining for the last three days, with a total return of 2.55% during this period. However, it has underperformed its sector by 0.39% today. In terms of longer-term performance, the stock has seen a 1.46% increase over the past week, but it has declined by 0.36% over the past month and has a significant year-to-date drop of 16.24%. Positive factors contributing to the recent price movement include strong quarterly results, with the highest profit before tax and profit after tax recorded, alongside a low debt-equity ratio. However, the stock's performance over the past year remains concerning, with a decline of 25.89%, which may be influencing investor sentiment negatively.
In the broader market context, while the stock has shown a positive return over the past week, it has underperformed the benchmark Sensex, which has increased by 1.18% in the same period. The stock's significant decline over the past year, compared to the market's slight negative return of -0.56%, suggests that investor confidence may be wavering. Additionally, the low stake held by domestic mutual funds, at only 1.83%, indicates a lack of comfort with the stock's current valuation, which could further impact its price movement. Overall, while there are some positive indicators, the stock's historical performance and market perception may be contributing to its cautious upward movement.