Why is Netweb Technol. falling/rising?

As of 12-Aug, Netweb Technologies India Ltd is experiencing a decline in its stock price, currently at Rs 2,095.35, which reflects a decrease of Rs 54.45 or 2.53%. Today's price summary indicates that the stock underperformed its sector by 2.81%, with an intraday low of Rs 2,082.25, marking a 3.14% drop. The stock has shown a negative return of 5.10% over the past week and 23.16% year-to-date, despite a positive return of 7.54% over the past month. While the company has demonstrated strong long-term fundamentals, including a healthy average return on equity of 21.48% and consistent positive results over the last eight quarters, it is currently facing challenges such as a very expensive valuation and a decline in institutional investor participation, which has decreased by 2.23% in the previous quarter.
In the broader market context, the Sensex has shown a relatively stable performance with a slight decline of 0.59% over the past week and a modest gain of 2.68% year-to-date. Compared to the benchmark, Netweb Technologies' recent performance has been significantly weaker, particularly in the short term, as it has underperformed the Sensex by a notable margin. The falling participation from institutional investors, who typically have more resources to analyze company fundamentals, may contribute to the stock's downward pressure, reflecting a lack of confidence among larger stakeholders in the company's current valuation and market position.