Why is Indo Farm Equip. falling/rising?

As of 24-Sep, Indo Farm Equipment Ltd's stock price is currently at Rs 248.70, reflecting a decline of Rs 16.6 or 6.26%. The stock has underperformed its sector by 5.14% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 248, indicating a significant drop of 6.52%. Over the past week, the stock has decreased by 2.78%, while it has shown a positive return of 10.04% over the last month. However, the company faces challenges, including weak long-term fundamental strength with an average Return on Equity (ROE) of 4.39%, and a decline in net sales growth and operating profit over the last five years. Additionally, institutional investors have reduced their stake in the company, which may signal a lack of confidence in its future performance.
Broader market context indicates that while Indo Farm Equipment Ltd has underperformed compared to the Sensex, which fell by only 1.18% over the past week, it has still managed a positive return over the last month. The broader market is showing some resilience, with the Sensex up by 0.50% in the same timeframe. The stock's liquidity appears adequate for trading, but the rising participation in delivery volume suggests some interest despite the overall negative sentiment. The combination of weak financial fundamentals and declining institutional interest likely contributes to the stock's downward movement, contrasting with the modest gains seen in the broader market.