Why is Netweb Technol. falling/rising?

As of 15-Jul, Netweb Technologies India Ltd's stock price is currently at Rs 1,961.75, reflecting a decrease of Rs 20.85 or 1.05%. Today's price summary indicates that the stock has underperformed its sector by 1.43% and has experienced a trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 1,936.4, which is a decline of 2.33%. Over the past week, the stock has shown a positive return of 9.39%, while its performance over the last month is also positive at 9.59%. However, the stock has significantly underperformed over the year, with a return of -18.26%. Despite strong long-term fundamentals, including a healthy growth rate in net sales and operating profit, the stock's valuation is considered very expensive, which may be contributing to its recent decline.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has seen a decline of 1.36% over the past week. While Netweb Technologies has shown positive returns in the short term, its long-term performance remains concerning, with a year-to-date return of -28.06% compared to the Sensex's gain of 5.67%. The stock's consistent underperformance against the benchmark over the last three years, coupled with its high valuation metrics, suggests that investor sentiment may be cautious, leading to the recent price decline despite the company's strong fundamentals.