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

As of 23-Sep, IL&FS Investment Managers Ltd is experiencing a slight increase in its stock price, currently at 8.40, reflecting a change of 0.05 or 0.6% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weaker performance. The stock has outperformed its sector by 0.27% today, but there has been a notable decrease in investor participation, with delivery volume falling by 18.8% compared to the 5-day average. Despite a year-to-date decline of 23.64%, the stock has a high dividend yield of 3.35%, which may attract some investors.
In the broader market context, IL&FS Investment Managers Ltd has shown a short-term return of 0.24% over the past week, while the benchmark Sensex has declined by 0.34%. This indicates that the stock is performing better than the overall market in the short term. However, over the longer term, the stock has underperformed significantly, with a year-to-date drop of 23.64% compared to the Sensex's gain of 5.07%. This contrast highlights the challenges faced by the company in maintaining investor confidence amidst a generally positive market environment.