Why is Saksoft falling/rising?

As of 25-Jun, Saksoft Ltd's stock price is currently at Rs 204.20, reflecting an increase of Rs 6.3 or 3.18%. The stock has shown a positive performance today, outperforming its sector by 1.6%, and has gained consecutively over the last two days, with a total return of 7.79% during this period. Despite opening with a loss of 2.68%, the stock reached an intraday high of Rs 204.3. Over the past week, Saksoft has outperformed the Sensex, with a return of 4.18% compared to the benchmark's 1.61%. The company has demonstrated strong financials, including record net sales and profit after tax, alongside a low debt-to-equity ratio, which contributes positively to its valuation. However, the stock has underperformed over the longer term, with a year-to-date decline of 5.90% and a one-year drop of 8.95%, indicating some investor caution.
In the broader market context, while Saksoft has shown strong short-term performance, it has lagged behind the benchmark over the past year, where the BSE 500 has generated returns of 3.43%. This discrepancy may reflect broader market sentiment, as domestic mutual funds hold only a minimal stake in the company, suggesting a lack of confidence in its long-term growth potential. Despite the recent gains, the company's operating profit growth rate of 19.97% over the last five years raises concerns about its future growth trajectory, which could impact investor sentiment moving forward.