Why is IFB Industries falling/rising?

As of 26-Sep, IFB Industries Ltd is currently priced at 1,713.20, reflecting a decrease of 50.8 points or 2.88%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 6.71%. Today's trading saw the stock hit an intraday low of Rs 1704.1, which represents a 3.4% drop. In terms of performance over the past week, the stock has gained 5.54%, but it has underperformed its sector by 1.1% today. Despite a healthy long-term growth outlook, with operating profits increasing at an annual rate of 41.06%, the stock's recent decline can be attributed to falling investor participation, as evidenced by a significant drop in delivery volume.
Broader Market Context: The stock's performance contrasts with the benchmark Sensex, which has seen a decline of 2.66% over the past week. While IFB Industries has shown a positive return of 17.78% over the past month, its year-to-date performance remains negative at -9.50%, compared to the Sensex's positive return of 2.93%. This suggests that while the stock has had some short-term gains, broader market conditions and recent investor sentiment may be contributing to its current downward movement. The company's low debt-to-equity ratio and attractive valuation relative to peers indicate potential long-term stability, but these factors have not yet translated into positive short-term price action.