Why is Megri Soft falling/rising?

As of 14-Jul, Megri Soft Ltd is experiencing a decline in its stock price, currently at 104.05, reflecting a decrease of 3.7 points or 3.43%. The stock has underperformed significantly, with a 1-week return of -9.44% and a year-to-date return of -44.98%, contrasting sharply with the Sensex, which has gained 5.27% year-to-date. Today's trading saw the stock open with a gain of 2.09% but quickly fell to a day's low of Rs 103.05, indicating volatility. Additionally, the stock is trading below all key moving averages and has seen a substantial drop in investor participation, with delivery volume falling by 76.2% against the 5-day average. The company also faces weak long-term fundamentals, with a low return on equity of 2.58% and poor growth metrics, further contributing to its negative price movement.
In the broader market context, Megri Soft's performance has been notably weaker than the benchmark, as evidenced by its consistent underperformance over the past three years. While the Sensex has shown resilience with a positive return, Megri Soft has not only declined in value but has also struggled to maintain investor confidence, as indicated by the low trading volumes and the stock's proximity to its 52-week low. The company's financial health is concerning, with a weak EBIT to interest ratio and declining profits, which further exacerbates its inability to attract investors in a market that is otherwise performing well.