Why is R S Software (I) falling/rising?

As of 08-Jul, R S Software (India) Ltd is experiencing a decline in its stock price, currently at Rs 76.44, reflecting a decrease of 1.56 or 2.0%. The stock has underperformed its sector by 2.27% today and has been on a downward trend for the last three days, accumulating a total loss of 4.45%. Despite a significant increase of 36.50% over the past month, the stock has faced severe challenges, with a staggering decline of 72.78% over the past year. The company's financial health is concerning, as it has reported operating losses and a significant drop in net sales by 31.55%, alongside a negative return on equity of 15.2%. Additionally, institutional investors have reduced their stakes, indicating a lack of confidence in the company's future performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the BSE500, which has generated returns of 1.98% over the past year. While the stock has shown some volatility with an intraday volatility of 145.01%, the overall sentiment remains negative due to the company's weak fundamentals and declining profitability. The stock's current trading at a discount compared to its peers may not be sufficient to offset the negative sentiment stemming from its poor financial results and falling institutional participation.