Why is IFCI falling/rising?

As of 01-Sep, IFCI Ltd. is experiencing a price increase, with its current price at Rs 52.57, reflecting a rise of 1.51 or 2.96%. Today's performance indicates a trend reversal as the stock has gained after five consecutive days of decline, outperforming its sector by 1.43%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests underlying weakness. Over the past week, the stock has decreased by 1.70%, and over the past month, it has fallen by 9.36%. Positive factors include a low debt-equity ratio of 0.43 times and a significant increase in cash and cash equivalents, but the long-term fundamentals remain weak, with a low return on equity of 0.87% and declining net sales growth.
In the broader market context, while the stock has outperformed its sector today, it has underperformed the benchmark, with a one-year return of -29.84% compared to the BSE500's -4.75%. This stark contrast highlights the stock's struggles despite some recent positive developments. Additionally, falling participation from institutional investors, who have reduced their stake by 0.57%, raises concerns about the stock's long-term viability. The overall market sentiment appears cautious, as evidenced by the stock's significant underperformance relative to both the market and its peers, indicating that investors may be wary of its future prospects.