Why is IFL Enterprises falling/rising?

As of 17-Jul, IFL Enterprises Ltd's stock price is currently at 0.91, reflecting an increase of 0.02 or 2.25%. Today's price summary indicates that the stock has outperformed its sector by 2.08% and has experienced a trend reversal, gaining after seven consecutive days of decline. Despite a significant drop in returns over the past week (-14.95%) and month (-18.02%), the stock has shown positive momentum with rising investor participation, as evidenced by a 24.4% increase in delivery volume. The company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 284.20% and operating profit at 73.21%. However, it faces challenges such as poor management efficiency, reflected in a low return on equity of 3.62%.
In the broader market context, while IFL Enterprises has struggled with a year-to-date return of -6.19%, the benchmark Sensex has gained 5.27% during the same period. This indicates that the stock has underperformed relative to the market overall. The stock's recent rise may be attributed to its attractive valuation compared to peers and the positive results declared over the last four quarters, despite its historical performance showing a significant decline over the past year (-30.00%). The liquidity of the stock, being sufficient for trading, alongside its low debt-to-equity ratio, suggests potential for recovery, although the broader market's positive performance highlights the challenges faced by IFL Enterprises in regaining investor confidence.