Why is Ideaforge Tech falling/rising?

As of 21-Jul, Ideaforge Technology Ltd's stock price is currently at 548.45, reflecting an increase of 3.45 (0.63%). The stock has shown a trend reversal, gaining after three consecutive days of decline, and has outperformed its sector by 0.34% today. However, over the past week, the stock has decreased by 1.98%, and it has underperformed significantly over the last month and year, with returns of -4.49% and -30.61%, respectively. The company has been facing challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a negative growth rate in net sales and operating profit over the last five years. Additionally, the company has declared negative results for the last three consecutive quarters, which has contributed to a perception of risk among investors.
In the broader market context, while the stock has shown a slight uptick today, it has still underperformed compared to the benchmark, with the Sensex showing a minimal decline of 0.06% over the past week. The stock's liquidity appears adequate for trading, but the falling participation by institutional investors, who have reduced their stake, indicates a lack of confidence in the company's fundamentals. This decline in institutional interest, coupled with the company's negative financial performance, suggests that while there may be short-term gains, the long-term outlook remains precarious, contributing to the stock's overall downward trajectory in the market.