Why is Ideaforge Tech falling/rising?

As of 10-Sep, Ideaforge Technology Ltd is currently priced at 496.90, reflecting a rise of 2.1 (0.42%). Despite this slight increase, the stock has underperformed its sector by 0.7% today and has experienced a trend reversal after two consecutive days of decline. The stock's performance over the past week shows a decrease of 3.79%, while it has gained 16.30% over the past month. However, the longer-term outlook remains concerning, with a year-to-date decline of 18.41% and a one-year drop of 29.52%. The company is facing significant 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 past five years. Additionally, the stock is trading at risky valuations, with a negative EBITDA and a significant fall in participation from institutional investors.
In the broader market context, the Sensex has shown a positive return of 1.06% over the past week and 1.96% over the past month, contrasting sharply with Ideaforge's recent performance. This underperformance relative to the benchmark indicates a lack of investor confidence in the company's fundamentals, particularly given its negative financial results over the last four quarters and a substantial decline in both net sales and profit after tax. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume suggests waning interest among investors, further contributing to its struggles in the current market environment.