Why is Megri Soft falling/rising?

As of 09-Jul, Megri Soft Ltd's stock price is currently at 106.95, reflecting a decrease of 0.75, or 0.7%. The stock has hit a new 52-week low of Rs.100.1 today and has been on a downward trend, experiencing a consecutive fall over the last two days with a total decline of 6.92%. Over the past week, the stock has underperformed with a return of -1.70%, and it has significantly lagged behind the benchmark Sensex, which has gained 0.15%. The company has shown weak long-term fundamental strength, 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's valuation appears expensive relative to its peers, and it has consistently underperformed against the benchmark over the last three years.
In the broader market context, while the Sensex has posted a modest gain of 1.32% over the past month, Megri Soft has experienced a substantial decline of 13.65% during the same period. This stark contrast highlights the stock's ongoing struggles in a generally stable market environment. Despite a rise in investor participation, as indicated by a significant increase in delivery volume, the overall sentiment remains negative due to the company's weak financial metrics and recent performance trends. The stock's liquidity is adequate for trading, but the persistent underperformance and negative growth outlook contribute to its current downward trajectory.