Why is IFB Industries falling/rising?

As of 23-Jul, IFB Industries Ltd is experiencing a decline in its stock price, currently at 1,361.35, which reflects a decrease of 33.95 or 2.43%. The stock has underperformed its sector today by 1.94%, reaching an intraday low of Rs 1350.5, which is a drop of 3.21%. Over the past week, the stock has seen a significant decline of 9.71%, and its performance over the last month is down by 11.72%. Despite the company showing healthy long-term growth with a 42.66% annual increase in operating profit and positive results for the last seven consecutive quarters, the stock has generated a return of -17.16% over the past year, indicating a disconnect between its financial performance and stock price movement. Additionally, the stock is trading below all major moving averages, and there has been a notable decrease in investor participation, with delivery volume falling by 31.51% against the five-day average.
In the broader market context, IFB Industries' recent performance contrasts sharply with the Sensex, which has seen a slight increase of 0.11% over the past week. The stock's long-term performance has also lagged behind the benchmark, underperforming the BSE500 over the last three years, one year, and three months. This underperformance, combined with the stock's current trading at a discount compared to its peers' average historical valuations, suggests that while the company has strong fundamentals, market sentiment may be weighing heavily on its stock price. The combination of falling investor participation and the stock's inability to keep pace with the market may be contributing to its current decline.