Why is Netweb Technol. falling/rising?

As of 11-Sep, Netweb Technologies India Ltd is currently priced at 3,001.40, reflecting a decline of 130.5 points or 4.17%. Today's price summary indicates that the stock has underperformed its sector by 3.83%, having touched an intraday low of Rs 2,979.4, which represents a drop of 4.87%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 13.26% and 39.61%, respectively. The company has demonstrated solid long-term fundamentals, including a healthy return on equity (ROE) of 21.48% and significant growth in net sales and operating profit. However, the stock's valuation appears expensive, with a price-to-book ratio of 32, and there has been a notable decrease in institutional investor participation, which may contribute to the recent price drop.
In the broader market context, while the stock has outperformed the benchmark Sensex over the past year with a return of 10.90% compared to the index's 0.03%, the recent decline may be influenced by a general market sentiment shift, as evidenced by the BSE500's negative return of -2.29% over the same period. The falling participation from institutional investors, who possess greater analytical resources, could signal a lack of confidence in the stock's current valuation and future performance, further impacting its price.