Why is IFCI falling/rising?

As of 25-Jun, IFCI Ltd. is experiencing a price increase, currently at 63.73, reflecting a rise of 2.14 or 3.47%. The stock has shown strong performance today, outperforming its sector by 2.86% and reaching an intraday high of Rs 65.61, which is a 6.53% increase. Over the past week, the stock has gained 6.34%, and in the last month, it has risen by 15.26%. Positive factors contributing to this rise include a significant growth in profit before tax (PBT) by 233.3% and a net profit after tax (PAT) increase of 31.76%. Additionally, the company has a low debt-equity ratio of 0.43 times, indicating financial stability. However, there are concerns regarding its long-term growth potential, as net sales have decreased at an annual rate of -8.24%, and the stock's valuation appears expensive relative to its peers.
In the broader market context, IFCI's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.61% over the past week. While the stock has shown impressive returns in the short term, its year-to-date performance of 2.41% lags behind the Sensex's 5.91% increase. This disparity suggests that while IFCI is currently benefiting from positive short-term factors, its long-term fundamentals may be causing caution among investors, as indicated by the low stake held by domestic mutual funds.