Why is IFCI falling/rising?

As of 14-Aug, IFCI Ltd. is experiencing a decline in its stock price, currently at 52.79, which reflects a decrease of 0.69 or 1.29%. The stock has underperformed its sector by 1.69% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 3.32%, and it has seen a significant drop of 16.07% over the past month. Although the company reported positive results in June with a higher profit after tax and a low debt-equity ratio, it is facing challenges such as weak long-term fundamental strength, a declining return on equity, and a negative growth rate in net sales. Additionally, there has been a decrease in institutional investor participation, which may contribute to the stock's downward pressure.
In the broader market context, while the Sensex has remained relatively stable with a slight decline of 0.03% over the past week, IFCI's performance has been notably worse, indicating a significant underperformance compared to the benchmark. The stock's year-to-date return is down by 15.17%, contrasting sharply with the Sensex's positive return of 3.15%. This disparity highlights the challenges IFCI faces in attracting investor confidence, particularly as institutional investors have reduced their stakes in the company. Overall, the combination of poor recent performance, weak fundamentals, and declining investor interest is contributing to the stock's current downward trend.