Why is Indergiri Fin. falling/rising?

As of 27-Jun, Indergiri Finance Ltd's stock price is currently at Rs 26.56, reflecting a decline of -1.39 or -4.97%. Today's price summary indicates that the stock opened with a loss of 4.97% and has since remained flat at this price, touching an intraday low of Rs 26.56. The stock has underperformed its sector by -5.06% today and has shown erratic trading patterns, not trading on one day out of the last 20. Over the past year, the stock has generated a return of -47.92%, significantly underperforming the market, which has seen a return of 4.10%. The company's weak long-term fundamentals, highlighted by a lack of declared results in the last six months and a decline in operating profit, contribute to the stock's current downward movement.
In the broader market context, while the Sensex has gained 2.00% over the past week and 3.07% over the past month, Indergiri Finance Ltd has only managed a modest gain of 0.76% in the same one-week period and an impressive 51.25% over the last month, indicating some volatility. However, the stock's significant underperformance over the past year, coupled with a drastic fall in investor participation and liquidity issues, suggests that it is trading at risky levels compared to its historical valuations. The combination of these factors has led to a negative sentiment surrounding the stock, contributing to its recent price decline.