Why is Megri Soft falling/rising?

As of 22-Sep, Megri Soft Ltd's stock price is currently at 99.45, reflecting a decrease of 0.05 (-0.05%). The stock has been on a downward trend, having fallen for the last three days with a total return of -5.24% over the past week. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance. Despite a recent outperformance against its sector by 2.56%, the overall sentiment remains negative due to weak long-term fundamentals, including a low return on equity of 2.58% and poor growth in net sales and operating profit over the last five years. Additionally, the company's ability to service its debt is concerning, as indicated by a low EBIT to Interest ratio of 0.60, contributing to the stock's recent decline.
In the broader market context, while the Sensex has shown a slight increase of 0.46% over the past week, Megri Soft's performance has significantly lagged behind, with a 1-month return of -7.92% compared to the Sensex's 1.05% gain. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -17.12% in the past year while the broader market has only declined by -2.82%. This consistent underperformance, coupled with the recent flat results and low cash reserves, further exacerbates the negative outlook for the stock, reinforcing the sentiment that it is a strong sell.