Why is IFCI falling/rising?

As of 08-Jul, IFCI Ltd. is experiencing a decline in its stock price, currently at 61.32, which reflects a decrease of 0.67 or 1.08%. The stock has underperformed its sector by 1.03% today and has been on a consecutive downward trend for the past six days, resulting in a total drop of 5.98% during this period. Although the stock's price is higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages. Additionally, investor participation has decreased, with delivery volume falling by 37.63% compared to the 5-day average. Despite some positive financial indicators, such as significant growth in profit before tax and profit after tax, the company faces challenges with weak long-term fundamentals, including a low return on equity and declining net sales.
In the broader market context, IFCI's short-term performance has been notably poor, with a 1-week return of -5.44%, while the benchmark Sensex has remained relatively flat with a return of +0.02%. Over the past month, IFCI's decline of 7.19% contrasts sharply with the Sensex's gain of 1.85%. This underperformance may be compounded by the company's high valuation metrics, such as a price-to-book ratio of 1.9, which suggests that the stock is trading at a premium compared to its peers. Furthermore, the minimal stake held by domestic mutual funds, at only 0.37%, indicates a lack of confidence in the stock's current price or business outlook, contributing to the overall negative sentiment surrounding IFCI.