Why is IFCI falling/rising?

As of 10-Jul, IFCI Ltd. is experiencing a decline in its stock price, currently at 61.44, which reflects a decrease of 0.34 or 0.55%. The stock has underperformed its sector today by 0.68%, and while it is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Over the past week, the stock has decreased by 2.78%, and it has shown a year-to-date decline of 1.27%. Despite significant growth in profit before tax and profit after tax compared to previous quarters, the company faces challenges with weak long-term fundamentals, including a low return on equity and declining net sales, which contribute to a perception of expensive valuation relative to peers.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, indicating a relatively stable market environment. However, IFCI's performance contrasts sharply with the benchmark, particularly over the past month, where it has dropped by 7.86% compared to the Sensex's increase of 0.97%. Additionally, there is a noted decrease in institutional investor participation, which may signal a lack of confidence in the stock's long-term prospects. This combination of underperformance against the benchmark and declining institutional interest likely contributes to the stock's current downward trend.