Why is IFCI falling/rising?

As of 24-Jul, IFCI Ltd. is experiencing a decline in its stock price, currently at Rs 60.78, reflecting a decrease of Rs 1.09 or 1.76%. The stock has underperformed its sector by 1.02% today, reaching an intraday low of Rs 60.57, which is a drop of 2.1%. Over the past week, the stock has decreased by 2.09%, while it has seen a decline of 1.32% over the past month and a significant drop of 27.64% over the past year. Despite a recent increase in investor participation, with delivery volume rising by 85.81% against the five-day average, the stock's long-term fundamentals remain weak, highlighted by a low return on equity of 0.87% and a concerning annual decline in net sales of 8.24%. Additionally, institutional investors have reduced their stakes, indicating a lack of confidence in the stock's future performance.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has shown a slight increase of 0.16% over the past month and a positive return of 5.18% year-to-date. While the stock has demonstrated remarkable growth over the past three and five years, with returns of 513.94% and 823.71% respectively, its recent performance has been disappointing, particularly in comparison to the market's overall gains. The stock's valuation appears expensive relative to its peers, with a price-to-book value of 1.9, further complicating its attractiveness to investors. Overall, the combination of weak long-term fundamentals, declining institutional interest, and significant underperformance relative to the market has contributed to the stock's current downward trend.