Why is Interactive Fin falling/rising?

As of 23-Sep, Interactive Financial Services Ltd is experiencing a price increase, currently at 17.70, reflecting a change of 0.25 or 1.43% upward. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 1.1% today. However, despite this short-term gain, the stock's performance over the past month has been negative at -4.17%, and it has significantly underperformed the market over the past year with a return of -46.09%. The stock is trading at a premium compared to its peers, with a price-to-book value of 0.4, and while it has an attractive valuation with a return on equity (ROE) of 5.4, its profits have decreased by 33.2% over the past year, indicating underlying weaknesses.
Broader market context shows that the Sensex has gained 0.98% over the past month, contrasting with the stock's decline, which highlights its underperformance in a generally positive market environment. The stock's liquidity is deemed sufficient for trading, but there has been a notable drop in investor participation, with delivery volume falling by 79.13% against the five-day average. This decline in participation, coupled with weak long-term fundamentals and significant negative results reported in June, suggests that while there may be a temporary uptick in price, the overall outlook remains concerning, particularly given the stock's substantial losses compared to the broader market.