Why is B2B Soft.Tech. falling/rising?

As of 04-Aug, B2B Software Technologies Ltd is experiencing a price increase, currently at Rs 32.79, reflecting a change of 1.15 or 3.63% upward. The stock has shown strong performance today, outperforming its sector by 2.01% and opening with a gain of 2.56%. It reached an intraday high of Rs 33.99, which is a 7.43% increase. Over the past week, the stock has risen by 2.47%, and in the last month, it has significantly outperformed the benchmark with a return of 12.95% compared to the Sensex's decline of 2.89%. Despite a year-to-date decline of 10.14%, the recent increase in promoter holding to 62.66% and an attractive valuation with a Price to Book Value of 1.7 may have positively influenced investor sentiment, although the stock's profits have fallen by 23.9% over the past year.
In the broader market context, B2B Software Technologies Ltd has outperformed the Sensex in the short term, particularly in the last month, where it gained 12.95% while the benchmark fell by 2.89%. However, it is important to note that the stock has underperformed over the longer term, with a year-over-year decline of 18.82% compared to the Sensex's slight increase of 0.05%. The company's weak long-term fundamentals, including a low EBIT to Interest ratio and flat results in the latest quarter, may still pose concerns for investors despite the recent positive price movement.