Why is Ace Soft. Exp. falling/rising?

As of 30-Jun, Ace Software Exports Ltd is experiencing a decline in its stock price, currently at Rs 253.75, which reflects a decrease of Rs 1.35 or 0.53%. Today's price summary indicates that the stock underperformed its sector by 0.79%, reaching an intraday low of Rs 247.15, which is a drop of 3.12%. Despite the stock's impressive long-term performance, with a 79.34% return over the past year and a staggering 2621.47% over three years, it has faced challenges in the short term, with a 2.35% decline over the past week and a 0.92% decline over the past month. Positive factors include a low debt-to-equity ratio, consistent quarterly growth in net sales, and increased promoter confidence, as promoters have raised their stake by 4.97%. However, the company suffers from poor management efficiency, reflected in a low return on equity of 4.58%, and a high price-to-book value ratio, suggesting that the stock may be overvalued relative to its peers.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.09% over the past week and 2.65% over the past month. This underperformance against the benchmark may contribute to investor sentiment that is weighing down the stock price. While the company has shown strong long-term returns, the combination of short-term declines and concerns over management efficiency and valuation may be influencing the stock's current downward trajectory.