Why is IFB Industries falling/rising?

As of 26-Aug, IFB Industries Ltd is experiencing a decline in its stock price, currently at 1,454.55, which represents a decrease of 29.2 points or 1.97%. Today's price summary indicates that the stock has underperformed its sector by 0.36% and opened with a significant loss of 9.94%, reaching an intraday low of Rs 1,336.2. The stock has shown a wide trading range of Rs 147.1, and the weighted average price suggests that more volume was traded closer to this low price. Over the past week, the stock has decreased by 1.40%, while it has seen a more substantial drop of 29.30% over the past year, significantly underperforming the market, which has only declined by 1.12% during the same period. Despite a healthy long-term growth rate in operating profit and a low debt-to-equity ratio, the recent flat results in June, including a 43.37% drop in profit before tax, have negatively impacted investor sentiment.
In the broader market context, the stock's short-term performance has been weaker than the benchmark, with a 1-week decline of 1.40% compared to the Sensex's 1.05% drop. This underperformance is compounded by a significant fall in investor participation, with delivery volume plummeting by 85.06% against the 5-day average. Although the company has attractive valuations and has shown profit growth, the recent financial results have raised concerns among investors, leading to a lack of confidence reflected in the stock's price movement. Overall, the combination of poor recent financial performance, declining investor interest, and a significant drop in stock price has contributed to the current downward trend of IFB Industries Ltd.