Why is Netweb Technol. falling/rising?

As of 17-Jul, Netweb Technologies India Ltd is experiencing a decline in its stock price, currently at Rs 1,939.90, which reflects a decrease of Rs 20.85 or 1.06%. The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 2.15% during this period. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 21.58% and significant growth in net sales and operating profit, the stock has underperformed with a year-to-date return of -28.86%. Additionally, the stock's delivery volume has decreased significantly, indicating falling investor participation, which may contribute to the recent price drop.
In the broader market context, while Netweb Technologies has shown a positive return of 6.59% over the past week, the benchmark Sensex has declined by 1.12% during the same period. However, the stock's overall performance remains concerning, as it has consistently underperformed against the benchmark over the last three years, with a one-year return of -21.90% compared to the Sensex's 1.91%. This consistent underperformance, coupled with a high valuation indicated by a Price to Book Value of 20.7, suggests that investors may be cautious, leading to the stock's recent decline despite its strong fundamentals.