Why is IFCI falling/rising?

As of 22-Aug, IFCI Ltd. is experiencing a decline in its stock price, currently at 54.08, which reflects a decrease of 0.69 or 1.26%. The stock has shown mixed performance in recent periods, with a 1-week return of +2.44%, but a significant decline of -10.23% over the past month and -24.74% over the last year. Today's price summary indicates that the stock underperformed its sector by 0.82%, although it has seen a rise in investor participation, with delivery volume increasing by 92.66% against the 5-day average. Despite a strong net profit growth of 881.57% in the last quarter and a decrease in raw material costs, the company faces challenges with weak long-term fundamentals, as evidenced by a low return on equity of 0.87% and declining net sales.
Broader market context shows that while the Sensex has generated a return of +0.31% over the past year, IFCI's performance has been notably worse, with a return of -24.74%. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 0.57% over the previous quarter. The stock is trading at a discount compared to its peers, but its high price-to-book value ratio suggests it may be overvalued. Overall, the combination of weak long-term growth prospects, declining institutional interest, and significant underperformance relative to the broader market contributes to the current downward trend in IFCI's stock price.