Why is IFCI falling/rising?

As of 15-Jul, IFCI Ltd. is currently priced at 62.97, reflecting a slight increase of 0.07 or 0.11%. The stock has shown a positive trend recently, gaining 3.83% over the last two days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this short-term gain, the stock has underperformed its sector by 0.7% today. In terms of longer-term performance, while the stock has increased by 2.69% over the past week and 2.31% over the past month, it has significantly underperformed over the past year with a decline of 16.75%. Positive factors contributing to the recent price movement include a low debt-equity ratio of 0.43 times, high cash and cash equivalents at Rs 5,515.36 crore, and a strong quarterly PBDIT of Rs 493.19 crore. However, the stock's long-term fundamental strength is weak, with an average return on equity of only 0.87%, and a concerning trend of declining net sales and operating profit.
Broader market context indicates that while the stock has shown some resilience in the short term, it has lagged behind the broader market, which has generated a return of 0.37% over the past year. Institutional investors have reduced their stake in IFCI by 0.57% in the previous quarter, indicating a lack of confidence among more sophisticated investors. This decline in institutional participation, coupled with the stock's high valuation relative to its peers and a poor long-term growth outlook, suggests that the recent price increase may not be sustainable in the face of these underlying challenges.