Why is Dolat Algotech falling/rising?

As of 13-Aug, Dolat Algotech Ltd's stock price is currently at Rs 88.15, reflecting an increase of Rs 1.33 or 1.53%. Today's performance indicates that the stock has outperformed its sector by 0.62%, with an intraday high of Rs 89.04, marking a rise of 2.56%. However, despite this positive movement, the stock has shown a decline of 10.82% over the past month and a significant drop of 38.27% over the past year. While the company demonstrates strong long-term fundamentals, such as an average Return on Equity (ROE) of 28.67% and healthy growth rates in net sales and operating profit, it has faced negative results in recent quarters, including a 43.83% decline in profit after tax. Additionally, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation.
In the broader market context, Dolat Algotech's short-term performance has been relatively strong compared to the benchmark Sensex, which has remained flat with a change of -0.01% over the past week. However, the stock's year-to-date performance is concerning, with a decline of 30.23% compared to the Sensex's increase of 3.07%. This underperformance over a longer timeframe, coupled with falling investor participation and liquidity issues, suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious, reflecting broader challenges in its financial performance and market perception.