Why is Ksolves India falling/rising?

As of 22-Sep, Ksolves India Ltd's stock price is currently at 324.55, reflecting a decline of 7.25 points or 2.19%. Today's performance indicates that the stock has underperformed the IT - Software sector, which has fallen by 2.6%. The stock touched an intraday low of Rs 319.55, and it is trading below all key moving averages, suggesting a bearish trend. Over the past week, Ksolves has seen a return of -1.16%, and its year-to-date performance shows a significant decline of 32.56%. Additionally, while the company has a high dividend yield of 3.9%, its profits have decreased by 10.5% over the past year, contributing to the stock's negative sentiment.
Broader market context shows that Ksolves India has not only underperformed the Sensex over the past week but also over the last year, where the Sensex has gained 5.15% while Ksolves has lost 37.09%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's valuation or business prospects. Furthermore, the company's flat results in recent quarters, including a significant drop in profit before tax, have likely contributed to the stock's downward pressure, reflecting broader concerns about its long-term growth potential amidst a challenging market environment.