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

As of 17-Sep, IL&FS Investment Managers Ltd is currently priced at 8.42, reflecting a slight increase of 0.04 or 0.48%. The stock has shown a trend reversal by gaining after four consecutive days of decline, outperforming its sector by 0.54%. However, it is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume falling by 48.52% compared to the five-day average. Despite these challenges, the stock offers a high dividend yield of 3.34%, which may attract some investors. Year-to-date, the stock has declined by 23.45%, while its one-year performance shows a decrease of 28.83%.
Broader Market Context: In the short term, IL&FS Investment Managers Ltd has underperformed compared to the benchmark Sensex, which has gained 1.56% over the past week while the stock itself has dropped by 4.32%. This disparity highlights the stock's struggles in the current market environment, as it lags behind broader market trends. The Sensex has also shown positive returns over the one-month period, increasing by 2.60%, further emphasizing the challenges faced by IL&FS Investment Managers Ltd in attracting investor confidence amidst a generally rising market.