Why is IFL Enterprises falling/rising?

As of 22-Aug, IFL Enterprises Ltd is currently priced at 0.71, reflecting a decrease of 0.02 or 2.74%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.58% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 14.11% compared to the 5-day average, suggesting a decline in investor participation. Despite the company reporting outstanding financial results, including a significant net profit growth of 17100% and positive results for the last five consecutive quarters, the stock has still experienced a substantial decline of 51.70% over the past year, which may contribute to negative sentiment among investors.
In the broader market context, IFL Enterprises has underperformed the Sensex, which has gained 0.88% over the past week while IFL has dropped 10.13%. This stark contrast highlights the stock's weakness relative to the market. Although the company has shown impressive profit growth and an attractive valuation compared to its peers, the overall weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 3.62%, may deter investors. Consequently, despite positive financial indicators, the stock's recent performance reflects a lack of confidence in its long-term prospects, leading to its current downward trajectory.