Why is Saksoft falling/rising?

As of 27-Jun, Saksoft Ltd's stock price is currently at Rs 202.25, reflecting a decrease of Rs 2.75 or 1.34%. The stock has underperformed its sector by 1.56% today and has experienced a trend reversal, falling after three consecutive days of gains. It touched an intraday low of Rs 200, indicating a decline of 2.44%. Over the past week, the stock has shown a return of +6.39%, but it has underperformed in the longer term, with a -3.35% return over the past month and a -9.03% return over the past year. Despite positive financial results, including the highest net sales and profit after tax for the quarter, the stock's long-term growth prospects appear poor, as indicated by the low domestic mutual fund holdings and the negative returns compared to the broader market.
Broader Market Context: In comparison to the benchmark Sensex, which has returned +2.00% over the past week and +3.07% over the past month, Saksoft's recent performance has been lackluster. The stock's year-to-date return of -6.80% starkly contrasts with the Sensex's +7.58% return, highlighting its underperformance in the market. The broader market context suggests that while Saksoft has had some positive short-term movements, its overall trajectory remains concerning, especially given the significant underperformance relative to the market and the low investor confidence reflected in domestic mutual fund holdings.