Why is IFCI falling/rising?

As of 29-Aug, IFCI Ltd. is experiencing a decline in its stock price, currently at 51.06, which represents a decrease of 0.53 or 1.03%. The stock has underperformed its sector by 0.37% today and has been on a consecutive downward trend for the last five days, resulting in a total drop of 6.77% during this period. Additionally, IFCI is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week and month shows significant declines of 5.58% and 13.49%, respectively, while it has also underperformed the benchmark, the Sensex, which has seen a smaller decline of 1.84% over the same week and 1.88% over the month. Positive factors such as a substantial growth in profit after tax and a low debt-equity ratio are overshadowed by negative indicators, including weak long-term fundamental strength, a low return on equity, and a significant drop in institutional investor participation.
Broader Market Context: The broader market context reflects a challenging environment for IFCI, as it has underperformed the market over the past year, with a return of -34.23% compared to the BSE500's decline of only -5.40%. This stark contrast highlights the stock's struggles relative to the overall market performance. The falling participation from institutional investors, who have reduced their stake in the company, further exacerbates the situation, as these investors typically possess better analytical capabilities to assess the company's fundamentals. Overall, the combination of poor short-term performance, weak long-term growth prospects, and declining investor confidence contributes to the ongoing decline in IFCI's stock price.