Why is Netweb Technol. falling/rising?

As of 31-Jul, Netweb Technologies India Ltd's stock price is rising, currently at Rs 2,033.10, reflecting an increase of Rs 12.25 or 0.61%. The stock has been gaining momentum, having outperformed its sector by 1.21% today and achieving a consecutive gain over the last three days with a total return of 11.35%. The stock reached an intraday high of Rs 2,067.5, although it also experienced a low of Rs 1,960.8 during the day. The company has demonstrated strong long-term fundamental strength, with a healthy growth in net sales and operating profit, alongside a low debt-to-equity ratio. However, it faces challenges with a high valuation and a decrease in institutional investor participation, which may impact future performance.
In the broader market context, Netweb Technologies has outperformed the Sensex in the short term, with a 1-week return of +3.36% compared to the Sensex's -1.22%. Over the past month, the stock has risen by 8.63%, while the Sensex has declined by 3.00%. Despite the stock's recent positive performance, it has a year-to-date return of -25.45%, contrasting with the Sensex's +3.90%. This disparity highlights the stock's volatility and the potential influence of broader market conditions on its performance.