Why is Megri Soft falling/rising?

As of 24-Sep, Megri Soft Ltd's stock price is currently at Rs 96.00, reflecting a decrease of Rs 3.9 or 3.9%. The stock has underperformed significantly, with a 1-week return of -8.53% and a year-to-date decline of -49.23%. Today's trading saw the stock open with a gain of 2.5%, reaching an intraday high of Rs 102.4, but it ultimately fell to a low of Rs 95, indicating volatility. The stock is trading below all key moving averages, and despite a rise in delivery volume by 137.26%, 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 past five years. Additionally, the stock is trading at a premium compared to its peers, which may deter potential investors.
In the broader market context, the Sensex has shown a relatively stable performance with a slight increase of 0.50% over the past month, contrasting sharply with Megri Soft's significant decline. This consistent underperformance against the benchmark, particularly over the last three years, highlights investor concerns regarding the company's ability to generate returns. The stock's negative trajectory, combined with weak financial indicators and a lack of growth, suggests that market sentiment is unfavorable, contributing to the stock's current downward movement.