Why is Fidel Softech falling/rising?

As of 03-Jul, Fidel Softech Ltd's stock price is currently at 174.10, reflecting a decrease of 2.0, or 1.14%. The stock has underperformed its sector today by 0.94%, and while it is trading higher than its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has seen a significant decline of 9.32%, contrasting sharply with its impressive 48.61% return over the last year. Despite this recent downturn, the company has demonstrated strong fundamentals, including a high return on equity (ROE) of 17.74% and a low debt-to-equity ratio, alongside a remarkable growth in operating profit of 69.01%. The stock's attractive valuation, trading at a discount compared to peers, and consistent positive quarterly results contribute to its long-term appeal.
In the broader market context, the Sensex has only decreased by 0.56% over the past week, indicating that Fidel Softech's decline is more pronounced than the overall market trend. The stock's year-to-date performance shows a decline of 6.50%, while the Sensex has gained 7.45%, further highlighting the stock's underperformance relative to the benchmark. However, the recent increase in investor participation, with a 172.73% rise in delivery volume, suggests that there may be underlying interest in the stock despite its current price drop. Overall, while Fidel Softech has shown strong long-term performance and positive financial metrics, its recent price movement reflects a short-term struggle against both sector performance and broader market trends.