Why is IFCI falling/rising?

As of 09-Sep, IFCI Ltd. is experiencing a decline in its stock price, currently at 52.93, reflecting a change of -0.24, or -0.45%. The stock has underperformed its sector by 0.78% today and has shown a trend reversal after two consecutive days of gains. Additionally, the stock's performance over the past week and month has been negative, with returns of -0.30% and -0.08%, respectively. The stock's moving averages indicate that it is higher than the 5-day average but lower than the 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a decline in investor participation, with delivery volume falling by 7.24% against the 5-day average. While the company has reported positive results, including a low debt-equity ratio and increased cash reserves, it also faces challenges such as weak long-term fundamental strength, a low return on equity, and a declining stake from institutional investors.
In the broader market context, IFCI's performance has been significantly weaker than the benchmark, with a year-to-date return of -14.94% compared to the Sensex's positive return of 3.79%. Over the past year, IFCI has generated a return of -22.68%, while the broader market has only declined by 0.56%. This underperformance highlights the stock's struggles in attracting investor confidence, particularly as institutional investors have reduced their stakes, indicating a lack of faith in the company's long-term growth prospects. Overall, the combination of weak fundamentals, declining investor participation, and poor relative performance against the benchmark contributes to the stock's current downward movement.