Why is Indo Farm Equip. falling/rising?

As of 03-Sep, Indo Farm Equipment Ltd's stock price is currently at Rs 238.50, reflecting a decrease of Rs 6.05 or 2.47%. Today's price summary indicates that the stock has underperformed its sector by 2.96% and has experienced a trend reversal after three consecutive days of gains. The stock touched an intraday low of Rs 237.6, and the weighted average price suggests that more volume was traded close to this low price. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock's weak long-term fundamentals, characterized by a low return on equity of 4.39% and modest growth in net sales and operating profit, contribute to its current decline. Additionally, a recent flat performance in quarterly results and a decrease in institutional investor participation further exacerbate the stock's downward movement.
In the broader market context, Indo Farm Equipment Ltd has shown a positive return of 3.92% over the past week, while the benchmark Sensex has declined by 0.27%. Over the past month, the stock has outperformed the benchmark with an 18.75% increase compared to a flat performance from the Sensex. However, the recent decline in the stock price, coupled with falling participation from institutional investors, indicates a potential shift in market sentiment despite the stock's previous strong performance. This combination of factors suggests that while the stock has had a favorable short-term trajectory, the underlying weaknesses and recent sell-off may be causing investors to reassess its value.