Why is Netweb Technol. falling/rising?

As of 11-Aug, Netweb Technologies India Ltd is experiencing a rise in its stock price, currently at Rs 2,149.80, reflecting an increase of Rs 47.3 or 2.25%. Today's price summary indicates that the stock outperformed its sector by 1.95%, reaching an intraday high of Rs 2,175.95, which is a 3.49% increase. Despite a recent decline of 6.39% over the past week, the stock has shown a positive trend over the past month with a gain of 10.33%. The company has demonstrated strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 21.48% and significant growth in net sales and operating profit. However, the stock is considered very expensive with a high Price to Book Value ratio and has seen a decrease in institutional investor participation, which may impact its future performance.
In the broader market context, the stock's short-term performance has been notably better than the benchmark Sensex, which has only declined by 0.51% over the past week. While Netweb Technologies has faced challenges, including a year-to-date decline of 21.17% compared to the Sensex's increase of 3.15%, its recent positive results and strong fundamentals may be contributing to the current upward movement in its stock price. The contrasting performance between the stock and the benchmark highlights the volatility and potential for recovery in Netweb Technologies amidst broader market trends.