Why is IL&FS Inv.Manag. falling/rising?

As of 15-Sep, IL&FS Investment Managers Ltd is experiencing a decline in its stock price, currently at 8.39, which reflects a decrease of 0.08 or 0.94%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.66% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.56%, and it has also underperformed against the sector by 1.41%. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 13.42% compared to the 5-day average. While the stock boasts a high dividend yield of 3.29%, this has not been sufficient to counteract the negative momentum.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as the Sensex has gained 1.24% over the past week while IL&FS Investment Managers Ltd has lost 2.56%. This divergence highlights the stock's struggles relative to the overall market, which is also reflected in its year-to-date performance, showing a significant decline of 23.73% compared to a 4.67% increase in the Sensex. The negative sentiment surrounding the stock, compounded by its recent underperformance and declining investor interest, suggests that it is facing challenges that are not present in the broader market.