Why is IFCI falling/rising?

As of 03-Jul, IFCI Ltd. is experiencing a decline in its stock price, currently at 63.20, which reflects a decrease of 0.78 or 1.22%. The stock has underperformed its sector by 0.7% today and has been on a consecutive downward trend for the last three days, accumulating a total loss of 3.1% during this period. Although the stock has shown consistent returns over the past three years, with a notable increase of 592.98% over three years and 4.05% over the last year, it faces challenges such as a weak long-term fundamental strength indicated by a low return on equity (ROE) of 0.87% and declining net sales growth. Additionally, the stock's price is considered expensive relative to its peers, trading at a premium with a price-to-book value of 2, which may deter potential investors.
In the broader market context, IFCI's short-term performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.62% over the past week while IFCI has gained 0.21%. Despite this, the stock's recent performance is concerning, particularly with a significant drop in delivery volume by 37.24% against the five-day average, indicating falling investor participation. The low stake held by domestic mutual funds, at only 0.37%, suggests a lack of confidence in the stock's current valuation, further contributing to its downward pressure. Overall, while IFCI has shown strong historical returns, the combination of weak fundamentals and declining investor interest is leading to its current price decline.