Why is IFB Industries falling/rising?

As of 05-Sep, IFB Industries Ltd is currently priced at 1,510.00, reflecting a decrease of 3.5 points or 0.23%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 3.08%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. The company has a low debt-to-equity ratio of 0.06, and its operating profit has shown healthy growth at an annual rate of 41.06%. However, the recent quarterly results revealed a significant decline in profit before tax and profit after tax, contributing to the stock's negative performance over the past year, where it has returned -20.73% compared to the market's -1.81%.
In the broader market context, IFB Industries has outperformed the benchmark Sensex in the short term, with a 1-week return of 3.35% compared to the Sensex's 1.13%. However, the stock's year-to-date performance is notably poor at -20.23%, contrasting with the Sensex's positive return of 3.29%. This underperformance over the past year, combined with flat quarterly results, has led to a cautious outlook among investors, despite some positive indicators such as rising investor participation and attractive valuations compared to peers. The overall market sentiment appears to be weighing heavily on the stock, contributing to its recent decline.