Why is Saksoft falling/rising?

As of 26-Sep, Saksoft Ltd's stock price is currently at 199.95, reflecting a decrease of 4.8, or 2.34%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 7.24% during this period. Additionally, the stock's performance over the past week shows a significant drop of 9.40%, while it has underperformed the benchmark Sensex, which fell by only 2.66%. Despite achieving positive financial results in June, including record net sales and profit after tax, the stock has generated a negative return of 24.43% over the past year, indicating a disconnect between its financial performance and market perception. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's valuation.
In the broader market context, Saksoft's recent performance contrasts sharply with the benchmark, as it has underperformed the BSE500 index, which recorded a negative return of 7.63% over the past year. This underperformance may be contributing to investor sentiment, as the stock's decline is more pronounced than that of the overall market. The IT - Software sector has also faced challenges, with a decline of 2.34%, aligning with Saksoft's struggles. Although there has been a slight increase in investor participation, as indicated by a rise in delivery volume, the overall liquidity and market conditions appear to be unfavorable for the stock at this time.