Why is IFL Enterprises falling/rising?

As of 28-Aug, IFL Enterprises Ltd is currently priced at 0.69, showing no change (0.00%). The stock has underperformed significantly over various periods, with a 1-week decline of 5.48% and a staggering 1-year drop of 50.36%. Today's performance indicates that it has outperformed its sector by 1.04%, but it is trading below all its moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 59.76% compared to the 5-day average. Despite the company's impressive growth in net profit and positive results over the last five quarters, the stock's weak long-term fundamental strength, indicated by an average return on equity of 3.62%, raises concerns among investors.
In the broader market context, IFL Enterprises has seen a year-to-date decline of 28.87%, contrasting sharply with the Sensex, which has gained 2.48% during the same period. This stark difference highlights the stock's struggles relative to the overall market. While the company has shown strong profit growth and attractive valuations compared to its peers, the significant drop in stock price over the past year suggests that investor sentiment remains cautious, particularly in light of the weak long-term fundamentals.