Why is Netweb Technol. falling/rising?

As of 13-Aug, Netweb Technologies India Ltd is currently priced at 2,099.95, reflecting an increase of 4.6 (0.22%). The stock's performance today is in line with its sector, and it is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than its 5-day moving average. Despite a recent decline in investor participation, with delivery volume falling by 58.55% against the 5-day average, 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's valuation is considered very expensive, with a Price to Book Value of 22.4, and it has seen a decrease in institutional investor participation, which may contribute to its recent price movements.
In the broader market context, the stock has underperformed compared to the benchmark Sensex over the year, with a return of -8.90% against the Sensex's gain of 2.01%. In the short term, the stock has declined by 1.07% over the past week, while the Sensex has remained relatively flat with a change of -0.01%. This underperformance, combined with falling participation from institutional investors, suggests that while the company has strong fundamentals, the market sentiment may be cautious, impacting the stock's price stability and growth potential.