Why is Alldigi Tech falling/rising?

As of 10-Sep, Alldigi Tech Ltd's stock price is currently at 965.80, reflecting an increase of 40.3, or 4.35%. Today's performance indicates a trend reversal as the stock has gained after four consecutive days of decline, outperforming its sector by 2.52%. The stock reached an intraday high of Rs 996.55, marking a 7.68% increase. However, despite this positive movement today, the stock has underperformed over the past week and month, with returns of -0.06% and -7.57%, respectively. The company has a low debt-to-equity ratio, but it faces challenges such as poor long-term growth, flat quarterly results, and a high price-to-book value compared to peers, which may contribute to investor caution.
In the broader market context, the Sensex has shown a positive return of 1.06% over the past week and 1.96% over the past month, contrasting with Alldigi Tech's recent struggles. The stock's performance over the past year has also been disappointing, with a decline of -13.94%, significantly worse than the market's slight drop of -0.61%. This underperformance, coupled with a lack of domestic mutual fund investment, suggests that institutional investors may not be confident in the stock's valuation or growth prospects, further impacting its price movement.