Why is IFB Industries falling/rising?

As of 21-Jul, IFB Industries Ltd is experiencing a decline in its stock price, currently at 1,385.00, which reflects a decrease of 71.5 points or 4.91%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in an overall decline of 8.73% during this period. In terms of returns, the stock has shown a negative performance of -11.19% over the past month and -26.84% year-to-date, while it has underperformed the Sensex, which has gained 5.20% year-to-date. Despite a healthy long-term growth rate in operating profit and positive results over the last seven quarters, the stock's recent performance has been overshadowed by its significant short-term declines.
In the broader market context, IFB Industries has underperformed relative to the benchmark, with a 1-week return of -8.58% compared to the Sensex's negligible decline of -0.06%. This stark contrast highlights the stock's struggle to maintain investor confidence despite its attractive valuation metrics, such as a low PEG ratio of 0.4 and a solid return on equity of 14.1. The stock's liquidity appears adequate for trading, but the recent price drop suggests that investor sentiment may be influenced by its below-par performance over both the long and short term, as indicated by its negative returns over the past year and its underperformance against broader indices.