Why is IFL Enterprises falling/rising?

As of 01-Sep, IFL Enterprises Ltd is experiencing a price increase, currently at 0.75, reflecting a rise of 0.03 or 4.17%. The stock has shown a strong performance today, outperforming its sector by 1.65% and achieving consecutive gains over the last two days, with an overall return of 8.7% during this period. Despite a significant decline of 21.87% over the past month and a staggering 75.57% drop over the last three years, the company has reported outstanding financial results, including a 17100% growth in net profit and a 118.37% increase in net sales for the most recent quarter. These positive financial indicators, along with a favorable valuation compared to peers, have contributed to the stock's recent upward movement.
In the broader market context, while IFL Enterprises has outperformed the Sensex by 7.14% over the past week, the benchmark index has declined by 1.56%. This contrast highlights the stock's relative strength in a challenging market environment. However, it is important to note that investor participation has decreased, with delivery volume falling by 57.25% against the five-day average, which may indicate a lack of sustained interest. Overall, while the stock has shown positive short-term momentum, its long-term performance remains concerning, as evidenced by its significant declines over the past year and three years compared to the benchmark's modest gains.