Why is IFL Enterprises falling/rising?

As of 24-Sep, IFL Enterprises Ltd is currently priced at 0.72, reflecting a decrease of 0.02 or 2.7%. The stock has underperformed its sector by 2.51% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has declined by 1.37%, while it has shown a modest gain of 1.41% over the past month. Despite the company reporting impressive growth in net profit and sales, with a 17100% increase in net profit and a 118.37% growth in net sales for the last quarter, the stock has still faced significant declines over the year and three years, with returns of -38.46% and -83.28%, respectively. The weak long-term fundamental strength, indicated by an average ROE of 3.62%, may also contribute to the stock's downward pressure.
In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, which is slightly better than IFL Enterprises' performance. However, the stock's year-to-date performance is significantly worse than the benchmark, with a drop of 25.77% compared to the Sensex's gain of 4.58%. This stark contrast highlights the challenges faced by IFL Enterprises in gaining investor confidence despite its recent positive financial results. The stock's liquidity remains adequate for trading, but the overall negative sentiment and weak long-term fundamentals may overshadow the positive growth indicators.