Why is Netweb Technol. falling/rising?

As of 01-Aug, Netweb Technologies India Ltd is experiencing a price increase, currently at Rs 2,133.70, reflecting a rise of Rs 100.6 or 4.95%. The stock has shown strong performance today, outperforming its sector by 6.55%, and has been on a consecutive gain streak for the last four days, accumulating a total return of 16.86% in this period. The stock opened with a gain of 2.31% today and reached an intraday high of Rs 2,299.15, indicating significant upward momentum. Over the past week, the stock has increased by 10.55%, contrasting sharply with the Sensex, which has declined by 1.06%. Additionally, the company has demonstrated strong long-term fundamentals, with a robust average Return on Equity (ROE) of 21.48% and impressive growth in net sales and operating profit.
In the broader market context, while Netweb Technologies has shown positive short-term returns, the benchmark Sensex has faced a decline of 1.06% over the same week. Despite the stock's recent gains, there are concerns regarding falling participation from institutional investors, who have reduced their stake by 2.23% in the previous quarter. This decline in institutional interest may impact the stock's future performance, especially given that these investors typically have more resources to analyze company fundamentals. Overall, while the stock is currently rising due to strong performance and positive financial results, the decrease in institutional investment could pose risks moving forward.