Why is IFB Industries falling/rising?

As of 15-Jul, IFB Industries Ltd is currently priced at 1,517.50, reflecting an increase of 2.5, or 0.17%. The stock has been gaining over the past two days, with a total return of 1.5% during this period. However, it has underperformed its sector by 0.55% today. In terms of returns, the stock has seen a modest increase of 0.43% over the past week, while it has declined by 5.11% over the past month. Despite a year-to-date drop of 19.84%, the company has shown strong fundamentals, including a low debt-to-equity ratio, consistent profit growth, and positive results for the last seven consecutive quarters, which may support its recent price movement.
In the broader market context, the Sensex has decreased by 1.36% over the past week, indicating a challenging environment for stocks in general. While IFB Industries has outperformed the benchmark in the short term, its longer-term performance remains concerning, with a year-over-year decline of 7.35% compared to the Sensex's gain of 2.36%. The stock's attractive valuation, indicated by a PEG ratio of 0.4 and a Price to Book Value of 7.3, suggests that it may be undervalued relative to its peers, potentially providing a cushion against broader market volatility. However, falling investor participation, as evidenced by a significant drop in delivery volume, could be a concern for sustained upward momentum.