Why is Ideaforge Tech falling/rising?

As of 25-Aug, Ideaforge Technology Ltd's stock is currently priced at 490.90, reflecting a decrease of 8.45 points or 1.69%. The stock has shown a mixed performance recently, with a notable underperformance today, lagging behind its sector by 2.65%. Over the past week, the stock has increased by 8.63%, but it has a year-to-date decline of 19.39% and a significant drop of 32.94% over the past year. The company is facing serious 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 reported negative results for the last four consecutive quarters, which has contributed to a risky trading environment and a decrease in institutional investor participation.
In the broader market context, while the Sensex has shown a modest increase of 0.45% over the past week, Ideaforge's short-term performance has significantly outpaced this benchmark. However, the stock's long-term performance remains concerning, with a decline of 32.94% over the past year compared to the Sensex's gain of 0.68%. The overall sentiment around the stock is negative due to its poor financial health and declining investor confidence, which is reflected in the reduced stakes from institutional investors. This combination of factors is likely contributing to the stock's current downward movement.