Why is Megri Soft falling/rising?

As of 09-Jun, Megri Soft Ltd's stock price is currently at 123.85, reflecting an increase of 9.0 or 7.84%. The stock has shown strong performance today, outperforming its sector by 6.79% and gaining 12.59% over the last two days. It opened with a gain of 4.22% and reached an intraday high of Rs 125.85. However, despite this short-term rise, the stock has a weak long-term outlook, with a low return on equity of 2.58% and poor growth in net sales and operating profit over the last five years. Additionally, the stock is technically in a bearish range, with deteriorating trends and negative returns since May 2025, which could be contributing to investor caution.
In the broader market context, Megri Soft's short-term return of +13.52% over the past week significantly outpaces the Sensex's return of +1.32% during the same period. However, the stock's year-to-date performance is concerning, with a decline of -34.51% compared to the Sensex's increase of +5.51%. This stark contrast highlights the stock's underperformance in the long term, as it has consistently lagged behind broader market indices over various time frames. The combination of short-term gains and long-term weaknesses suggests that while there may be some positive momentum currently, the overall outlook remains challenging for Megri Soft Ltd.