Why is ERP Soft Systems falling/rising?

As of 10-Jun, ERP Soft Systems Ltd is experiencing a decline in its stock price, currently at Rs 129.65, which represents a decrease of Rs 6.8 or 4.98%. The stock has underperformed its sector by 6.95% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9.71% during this period. Despite the stock being technically in a mildly bullish range, with positive results reported for the quarter ending March 25, including the highest PBDIT, PBT, and PAT figures, the recent performance has been overshadowed by a significant drop in price. Additionally, the stock opened with a loss of 4.98% today and has not traded above this price point throughout the day, indicating a lack of upward momentum.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark Sensex, which has gained 2.05% over the past week and 3.70% over the past month, while ERP Soft Systems has seen declines of 3.21% and 9.34% respectively. Year-to-date, the stock is down 16.89%, contrasting sharply with the Sensex's positive return of 5.44%. This stark difference highlights the stock's struggles relative to the overall market, contributing to investor sentiment that may be driving the price down. Furthermore, while there has been a slight increase in delivery volume, the overall liquidity remains low, which may also be affecting trading dynamics negatively.