Why is IFB Industries falling/rising?

As of 11-Sep, IFB Industries Ltd is currently priced at 1,513.00, reflecting an increase of 7.9 (0.52%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 1.94% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. However, there is a notable decline in investor participation, as the delivery volume has decreased by 54.37% compared to the 5-day average. Despite a year-to-date return of -20.07%, the company has demonstrated healthy long-term growth with an annual operating profit increase of 41.06%, and its low debt-to-equity ratio of 0.06 times suggests a stable financial position.
In the broader market context, IFB Industries has underperformed the Sensex over the past week, with a slight decline of 0.03% compared to the benchmark's gain of 1.03%. While the stock has outperformed its sector today, the overall performance over the last year shows a significant decline of -20.37%, which is concerning. Additionally, the stock's profits have increased by 21.5% despite the price drop, indicating a potential undervaluation, as it trades at a discount relative to its peers. However, the flat results reported for June, including a substantial drop in profit before tax and profit after tax, contribute to a cautious outlook for investors, suggesting that while there are positive indicators, the stock's long-term performance remains a concern.