Why is Route Mobile falling/rising?

As of 18-Sep, Route Mobile Ltd's stock price is currently at 879.00, reflecting an increase of 4.0 (0.46%). The stock has been gaining for the last three days, with a total return of 1.97% during this period. However, it remains 4.25% away from its 52-week low. In terms of performance against benchmarks, the stock has shown a mixed picture; it has gained 2.63% over the past week but has underperformed over the longer term, with a year-to-date decline of 36.81% compared to a 6.24% increase in the benchmark. The company exhibits high management efficiency with a return on equity (ROE) of 15.76% and a low debt-to-equity ratio, indicating a solid financial position. However, it has also faced challenges, including a significant drop in profits and a consistent underperformance against the benchmark over the past three years.
In the broader market context, while Route Mobile's short-term performance has been positive, it has lagged behind the Sensex's returns over the past month and year. The stock's recent gains come amid falling investor participation, as evidenced by a decrease in delivery volume. Institutional investors have also reduced their stakes, indicating a lack of confidence in the stock's future performance. Despite the attractive valuation and healthy long-term growth in net sales and operating profit, the negative results reported in June and the overall decline in stock performance over the last year suggest that investor sentiment remains cautious.