Why is IFL Enterprises falling/rising?

As of 18-Jul, IFL Enterprises Ltd is experiencing a decline in its stock price, currently at 0.89, reflecting a decrease of 0.02 or 2.2%. The stock has underperformed its sector by 1.67% today, and its delivery volume has significantly dropped by 73.45% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 12.75%, and it has shown a substantial decline of 34.56% over the past year, despite reporting a significant increase in net sales and operating profit. While the company has demonstrated healthy long-term growth with a remarkable annual growth rate in net sales of 284.20%, its low return on equity of 3.62% raises concerns about management efficiency and profitability, which may be contributing to the stock's downward movement.
In the broader market context, IFL Enterprises' recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.90% over the past week. This underperformance is further highlighted by the stock's year-to-date decline of 8.25% compared to the Sensex's gain of 4.63%. The stock's current trading price is also below several moving averages, which may indicate bearish sentiment among investors. Despite the company's positive financial results over the last four quarters, the significant drop in stock price suggests that investor confidence is waning, potentially due to concerns over management efficiency and the stock's overall valuation compared to its peers.