Why is Indl. Inv. Trust falling/rising?

As of 23-Sep, Industrial Investment Trust Ltd is experiencing a decline in its stock price, currently at 181.87, reflecting a decrease of 0.79 or 0.43%. The stock has underperformed its sector today by 0.76%, and while it is higher than the 20-day, 50-day, and 100-day moving averages, it is lower than the 5-day and 200-day moving averages. The stock's performance over the past week shows a decline of 0.62%, although it has increased by 6.36% over the past month. However, the year-to-date performance is concerning, with a significant drop of 51.06%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 51.28% compared to the 5-day average. Despite the promoters increasing their stake by 0.74%, indicating confidence in the company, the long-term fundamentals remain weak, with a low return on equity and declining profits.
In the broader market context, the stock's short-term performance has been worse than the benchmark Sensex, which has only declined by 0.28% over the past week. The stock's year-to-date performance starkly contrasts with the Sensex's gain of 6.45%, highlighting its underperformance in the market. The weak long-term growth prospects, as evidenced by a significant drop in net sales and profit after tax, coupled with an expensive valuation compared to peers, contribute to the negative sentiment surrounding the stock. Overall, these factors suggest that while there may be some positive signals from promoter confidence, the fundamental weaknesses are leading to a downward trend in the stock price.