Why is Route Mobile falling/rising?

As of 15-Sep, Route Mobile Ltd's stock price is currently at Rs 862.00, reflecting a decrease of Rs 11.25 or 1.29%. The stock has underperformed today, with a performance that is 0.82% lower than its sector. It has also approached its 52-week low, being just 2.37% away from Rs 841.6. Over the past week, the stock has declined by 0.48%, and it has seen a significant drop of 49.23% over the past year, while its profits have fallen by 11.3%. Despite a high management efficiency indicated by a return on equity (ROE) of 15.76% and healthy long-term growth in net sales and operating profit, the stock's recent performance has been negatively impacted by a decrease in institutional investor participation and disappointing quarterly results, including a 36.1% drop in profit after tax compared to the previous four-quarter average.
Broader market context shows that while Route Mobile has struggled, the benchmark Sensex has gained 1.24% over the past week and 4.67% year-to-date. This consistent underperformance against the benchmark, coupled with a decline in institutional investor stakes, suggests a lack of confidence in the stock's future prospects compared to the overall market. The stock's negative trajectory is further emphasized by its performance over the last three years, where it has consistently lagged behind the BSE500 index.