Why is Indo Farm Equip. falling/rising?

As of 26-Sep, Indo Farm Equipment Ltd's stock price is currently at 228.15, reflecting a decline of 8.8 points or 3.71%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 14% during this period. Today's trading saw the stock touch an intraday low of Rs 226.5, and it has underperformed its sector by 2.19%. In the context of broader performance, the stock has experienced a significant drop of 11.81% over the past week, while the benchmark Sensex has only decreased by 2.66%. The company's weak long-term fundamentals, highlighted by a low return on equity of 4.39% and stagnant growth in net sales and operating profit, contribute to the negative sentiment surrounding the stock. Additionally, a recent decline in institutional investor participation, which has decreased by 1.36%, raises concerns about the stock's attractiveness to more knowledgeable investors.
Broader Market Context: In the short term, Indo Farm Equipment Ltd's performance has been notably worse than the benchmark, with a weekly decline that is nearly four times greater than that of the Sensex. While the Sensex has shown a slight decline of 2.66%, Indo Farm's significant drop indicates a lack of confidence among investors, particularly given the company's flat quarterly results and high valuation relative to its fundamentals. The overall market context suggests that investor sentiment is cautious, particularly for stocks like Indo Farm that exhibit weak growth prospects and declining institutional interest.