Why is CG-VAK Software falling/rising?

As of 25-Aug, CG-VAK Software & Exports Ltd is experiencing a decline in its stock price, currently at Rs 252.70, which reflects a decrease of Rs 7.1 or 2.73%. The stock has underperformed its sector today by 5.13%, following a trend reversal after two consecutive days of gains. Intraday, the stock reached a high of Rs 265.5 but fell to a low of Rs 249, indicating volatility. Over the past week, the stock has shown a positive return of 3.46%, although it has underperformed over the last month and year, with returns of -5.00% and -31.16%, respectively. Despite a high management efficiency reflected in a return on equity (ROE) of 18.82% and a low debt-to-equity ratio, the stock's long-term growth prospects appear poor, with net sales and operating profit growth lagging behind expectations.
Broader market context shows that while the IT - Software sector has gained by 2.37%, CG-VAK's performance has been below par, particularly in the long term, where it has underperformed the BSE500 index over the last three years and one year. The stock's recent decline can be attributed to a combination of factors, including its negative returns over the past year and three years, despite a rise in profits of 31.9%. This disparity suggests that while the company is generating profits, investor sentiment remains cautious due to its overall underperformance relative to the market and its peers, leading to the current downward price movement.