Why is IFCI falling/rising?

As of 08-Aug, IFCI Ltd. is experiencing a decline in its stock price, currently at Rs 52.97, which reflects a decrease of Rs 1.63 or 2.99%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -8.67% over the past week. Today's performance indicates that it has underperformed its sector by 2.28%, and it has traded below its moving averages across various time frames. Although there has been a rise in delivery volume, indicating increased investor participation, the overall sentiment remains negative due to weak long-term fundamentals, including a low return on equity and declining net sales.
In the broader market context, IFCI's performance has significantly lagged behind the benchmark, with a one-year return of -29.53% compared to the BSE500's negative return of -1.79%. This stark contrast highlights the stock's struggles in attracting institutional investors, who have reduced their stakes, reflecting a lack of confidence in the company's long-term growth prospects. Despite some positive financial indicators, such as a higher profit after tax and a low debt-equity ratio, the overall market sentiment and the company's poor historical performance have contributed to its current decline.