Why is Indo Farm Equip. falling/rising?

As of 01-Sep, Indo Farm Equipment Ltd's stock price is currently at 236.75, reflecting an increase of 14.4, or 6.48%. The stock has shown strong performance today, outperforming its sector by 4.37% and has gained consecutively for the last two days, accumulating a total return of 8.11% in that period. It opened with a gain of 3.19% and reached an intraday high of Rs 239.75. Over the past week, the stock has risen by 2.58%, and in the last month, it has increased by 17.87%. However, there are concerns regarding its long-term fundamentals, as indicated by a low average Return on Equity (ROE) of 4.39% and a decline in net sales growth. Additionally, institutional investors have reduced their stake, which may contribute to a perception of weakness in the stock's long-term viability.
In the broader market context, Indo Farm Equipment Ltd has outperformed the Sensex, which has declined by 1.56% over the past week, while the stock itself has gained. This contrast highlights the stock's relative strength in a challenging market environment. Despite the positive short-term movements, the stock's long-term outlook is clouded by weak fundamentals and falling participation from institutional investors, which could impact future performance. The overall market sentiment, coupled with the stock's recent gains, suggests a complex scenario where short-term performance is not fully aligned with long-term growth potential.