Why is Newgen Software falling/rising?

As of 07-Jul, Newgen Software Technologies Ltd is currently priced at 1,118.10, reflecting a decrease of 14.6 points or 1.29%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 4.76% over that period. Additionally, the stock's performance over the past month shows a significant drop of 9.34%, while year-to-date returns are down 34.25%. Despite these short-term declines, the company has demonstrated strong long-term fundamentals, including a low debt-to-equity ratio and consistent profitability, with a return on capital employed averaging 42.96%. The company has also reported positive results for the last nine consecutive quarters, indicating robust operational performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.20% over the past week. While Newgen Software has seen a significant drop in investor participation, with delivery volume falling by 47.78% against the five-day average, it still maintains a high institutional holding of 28.48%. This suggests that while the stock is currently facing downward pressure, its long-term growth potential remains strong, as evidenced by its impressive returns over the past three years, outperforming the BSE500 in each of the last three annual periods.