Why is Indo Farm Equip. falling/rising?

As of 13-Aug, Indo Farm Equipment Ltd's stock price is currently at Rs 201.55, reflecting a decrease of Rs 8.3 or 3.96%. The stock has underperformed its sector today by 4.34%, having touched an intraday low of Rs 200.3, which is a decline of 4.55%. Despite a positive performance over the past week and month, with returns of 7.95% and 10.53% respectively, the stock's weak long-term fundamentals, indicated by a low return on equity of 4.39% and modest growth in net sales and operating profit, contribute to its current downward movement. Additionally, the recent flat results reported for June, with a 7.7% decline in profit after tax compared to the previous quarter, and a decrease in institutional investor participation further exacerbate the stock's negative sentiment.
In the broader market context, while Indo Farm Equipment Ltd has shown strong short-term returns compared to the Sensex, which has remained flat at -0.01% over the past week, the overall market conditions may not be favorable for the stock given its weak fundamentals. The stock's liquidity is adequate, with a delivery volume increase of 167.09% against the 5-day average, but the decline in institutional investor stakes suggests a lack of confidence from more experienced investors. This combination of factors indicates that despite some short-term gains, the stock's long-term outlook remains concerning, leading to its current decline.