Why is IFL Enterprises falling/rising?

As of 10-Jun, IFL Enterprises Ltd's stock price is currently at 1.17, reflecting an increase of 0.05 or 4.46%. The stock has shown a positive trend recently, gaining 9.35% over the last two days and outperforming its sector by 5.52% today. Despite this upward movement, the stock has underperformed in the longer term, with a 1-year return of -33.90% compared to the Sensex's 7.72%. The company has reported outstanding results, including a significant growth in net sales of 3524.62% and positive results for the last four consecutive quarters, which may have contributed to the recent price increase. However, the stock's weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 3.62% and a poor EBIT to Interest ratio of 0.55, raises concerns about its sustainability.
In the broader market context, while IFL Enterprises has seen a notable short-term gain, it has lagged behind the benchmark Sensex, which has returned 2.05% over the past week and 3.70% over the past month. This disparity highlights the stock's volatility and challenges in maintaining investor confidence, especially given its significant underperformance over the past year. The stock's technical indicators suggest a mildly bearish trend, which could further impact investor sentiment. Overall, while recent positive results and short-term gains may provide some optimism, the stock's long-term fundamentals and market performance present a mixed outlook.