Why is Netweb Technol. falling/rising?

As of 09-Sep, Netweb Technologies India Ltd is experiencing a decline in its stock price, currently at Rs 3,058.65, which reflects a decrease of Rs 49.65 or 1.6%. Today's price summary indicates that the stock has underperformed its sector by 3.77% and has fallen after six consecutive days of gains, touching an intraday low of Rs 2,950, which is a drop of 5.09%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 34.90% and 45.48%, respectively. The company has demonstrated solid fundamentals, including a healthy long-term growth rate in net sales and operating profit, alongside a low debt-to-equity ratio. However, the stock's high valuation, indicated by a Price to Book Value of 32.7, may be contributing to the recent price decline, as it trades at a premium compared to its peers.
Broader Market Context: In comparison to the benchmark, the stock's short-term performance has significantly outpaced the Sensex, which has only gained 1.18% over the past week. However, the broader market context reveals that institutional investors have reduced their stakes in the company by 2.23%, which could signal a lack of confidence among more sophisticated investors. This decline in institutional participation, coupled with the stock's expensive valuation and recent price drop, may be influencing retail investor sentiment and contributing to the current downward movement in Netweb Technologies' stock price.