Why is IFCI falling/rising?

As of 01-Jul, IFCI Ltd. is experiencing a decline in its stock price, currently at 64.85, which reflects a decrease of 0.37 or 0.57%. Today's price summary indicates that the stock has underperformed its sector by 0.43% and has shown a trend reversal after two consecutive days of gains. Despite trading above its moving averages across various time frames, there has been a notable drop in investor participation, with delivery volume falling by 13.2% compared to the five-day average. Over the past week, the stock has gained 5.29%, but it has underperformed over the last month with a decline of 3.83%. While the stock has shown strong growth in profit before tax and profit after tax, its long-term fundamentals are weak, highlighted by a low return on equity and declining net sales.
In the broader market context, IFCI's short-term performance of +5.29% over the past week contrasts with the Sensex's gain of 2.00%, indicating a relatively strong recent performance against the benchmark. However, the stock's year-to-date return of +4.21% is lower than the Sensex's +7.11%, suggesting it is lagging behind in the longer term. The company's low debt-equity ratio and consistent returns over the last three years are positive factors, yet the weak long-term growth and high valuation compared to peers raise concerns. The minimal stake held by domestic mutual funds further indicates a lack of confidence in the stock at its current price, contributing to its recent price decline.