Why is Route Mobile falling/rising?

As of 17-Sep, Route Mobile Ltd's stock is currently priced at 875.00, reflecting an increase of 2.35 (0.27%). The stock has been gaining for the last two days, with a total return of 1.51% during this period. However, it is still close to its 52-week low, just 3.82% away from Rs 841.6, and has underperformed its sector by 0.38%. 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 has faced significant challenges, including a 47.70% decline in returns over the past year and a decrease in profits by 11.3%. Additionally, institutional investors have reduced their stakes, which may contribute to the stock's volatility.
In the broader market context, Route Mobile's short-term performance shows a 1.46% gain over the past week, which is slightly lower than the Sensex's 1.56% increase during the same period. This consistent underperformance against the benchmark over the last three years, coupled with a decline in investor participation, suggests that the stock is struggling to attract sustained interest despite its recent uptick. The overall market sentiment appears to be cautious, particularly given the company's negative results reported in June and the falling participation by institutional investors, which may further impact the stock's future performance.