Why is Saksoft falling/rising?

As of 26-Jun, Saksoft Ltd's stock price is currently at 205.00, reflecting an increase of 0.8 (0.39%). The stock has shown strong performance recently, gaining 8.21% over the last three days and outperforming its sector by 0.45% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, the company reported its highest quarterly net sales and profit after tax, contributing to a favorable outlook. However, despite these positive indicators, the stock has underperformed over the past year with a return of -8.48%, and domestic mutual funds hold a minimal stake, suggesting potential concerns about long-term growth.
In the broader market context, Saksoft's short-term return of 8.41% over the past week significantly outpaces the Sensex's return of 2.94%, indicating strong relative performance. However, the stock's year-to-date performance remains negative at -5.53%, contrasting with the Sensex's positive return of 7.19%. This divergence highlights the challenges Saksoft faces in regaining investor confidence, particularly given its poor long-term growth prospects and the low interest from domestic mutual funds, which may reflect apprehension regarding the stock's valuation and business stability.