Why is Indo Farm Equip. falling/rising?

As of 04-Sep, Indo Farm Equipment Ltd's stock price is currently at 244.05, reflecting an increase of 5.55 (2.33%). The stock has shown strong performance today, opening with a gain of 5.66% and reaching an intraday high of Rs 270.75, which is a 13.52% increase. Over the past week, the stock has outperformed the Sensex, with a return of +11.44% compared to the benchmark's +0.80%. However, despite this positive short-term movement, there are concerns regarding the company's long-term fundamentals, including a weak return on equity of 4.39% and flat results in the latest quarter, which may be contributing to a cautious outlook among investors. Additionally, there has been a decline in institutional investor participation, which could signal a lack of confidence in the stock's future performance.
Broader Market Context: The stock's recent rise contrasts sharply with the broader market, as the Sensex has only increased by 0.80% over the past week. While Indo Farm Equipment Ltd has shown significant short-term gains, the overall market sentiment remains subdued, as indicated by the Sensex's slight decline over the past month. This divergence suggests that the stock's performance may be driven more by specific factors related to the company rather than broader market trends. The high volatility observed today, along with falling delivery volumes, indicates that while there is interest in the stock, it may also reflect speculative trading rather than sustained investor confidence.