Why is IFCI falling/rising?

As of 10-Sep, IFCI Ltd. is currently priced at 53.52, reflecting an increase of 0.59 or 1.11%. The stock's performance today is in line with its sector, although it is higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages. Notably, there has been a decline in investor participation, with delivery volume falling by 31% against the 5-day average. Over the past week, the stock has gained 0.38%, while it has increased by 1.04% over the past month. Despite these short-term gains, the stock has underperformed significantly on a year-to-date basis, down 14%, and has seen a substantial decline of 23.09% over the past year. Positive factors include a low debt-equity ratio of 0.43 times, a higher profit after tax of Rs 238.35 crore, and substantial cash reserves. However, the company faces challenges with weak long-term fundamentals, as evidenced by a low return on equity of 0.87% and declining net sales growth.
In the broader market context, while the Sensex has shown a positive return of 1.06% over the past week and 1.96% over the past month, IFCI's performance has lagged behind these benchmarks. The stock's significant year-over-year decline of 23.09% starkly contrasts with the BSE500's negative return of only 2.89%, indicating that IFCI has underperformed the market considerably. Additionally, there has been a decrease in institutional investor participation, which may reflect a lack of confidence in the stock's long-term prospects. This combination of short-term gains amidst long-term weaknesses and declining institutional interest contributes to the stock's current price movement.