Why is Ace Soft. Exp. falling/rising?

As of 01-Jul, Ace Software Exports Ltd is experiencing a decline in its stock price, currently at 253.05, which reflects a decrease of 0.7 or 0.28%. The stock has been losing value for the last two days, with a total drop of 0.8% during this period. Despite being above the 20-day and 50-day moving averages, it is below the 5-day, 100-day, and 200-day moving averages. The stock has shown a poor performance over the past week and month, with returns of -2.32% and -1.19%, respectively. However, the company has declared positive results for the last six consecutive quarters, including a significant growth in net sales and an increase in promoter confidence, as they have raised their stake by 4.97%. Despite these positive indicators, the stock's low return on equity of 4.58% and its high valuation compared to peers may be contributing to the recent price decline.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.00% over the past week and 2.76% over the past month. This underperformance relative to the benchmark suggests that investor sentiment may be more favorable towards other stocks in the market. While Ace Software Exports Ltd has delivered impressive long-term returns, including a 75.36% increase over the past year, the current short-term trends and management efficiency concerns may be causing investors to reassess their positions, leading to the stock's recent decline.