Why is Indo Farm Equip. falling/rising?

As of 02-Sep, Indo Farm Equipment Ltd is experiencing a price increase, currently at Rs 244.55, reflecting a rise of 7.8 or 3.29%. The stock has shown strong performance recently, gaining 11.67% over the last three days and outperforming its sector by 3.55% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, despite this short-term momentum, the company faces challenges such as weak long-term fundamental strength, evidenced by a low average Return on Equity (ROE) of 4.39% and flat results in the most recent quarter, which may deter long-term investors. Additionally, there has been a decrease in institutional investor participation, which could signal concerns about the company's future growth prospects.
In the broader market context, Indo Farm Equipment Ltd has outperformed the Sensex in the short term, with a 1-week return of +6.56% compared to the benchmark's -0.78%. This indicates that while the stock is gaining traction among retail investors, the overall market sentiment may not be as favorable. The stock's recent gains come amidst a backdrop of declining institutional interest, which could impact its sustainability. Overall, while the stock is rising in the short term, the underlying fundamentals and decreasing institutional support suggest caution for potential investors.