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

As of 15-Oct, IL&FS Investment Managers Ltd is experiencing a decline in its stock price, currently at 7.73, which represents a decrease of 0.21 or 2.64%. The stock has underperformed its sector by 4.8% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 3.25%, and its year-to-date performance shows a significant decline of 29.73%. Additionally, there has been a notable drop in investor participation, with delivery volume on 14 October falling by 46.09% compared to the 5-day average. While the stock has a high dividend yield of 3.52%, the overall negative sentiment and performance metrics suggest a challenging environment for IL&FS Investment Managers Ltd.
In the broader market context, the Sensex has gained by 1.02% over the past week, contrasting sharply with IL&FS Investment Managers Ltd's decline. This indicates that while the overall market is experiencing upward momentum, the company is struggling significantly. The finance/NBFC sector has also seen a gain of 2.24%, further highlighting the underperformance of IL&FS Investment Managers Ltd relative to both its sector and the broader market. The stark difference in performance metrics suggests that investor confidence in IL&FS Investment Managers Ltd is waning, contributing to its falling stock price amidst a generally positive market environment.