Why is Sasken Technol. falling/rising?

As of 05-June, Sasken Technologies Ltd is experiencing a decline in its stock price, currently at 1,484.10, which reflects a decrease of 9.6 points or 0.64%. The stock has been underperforming, having lost 2.87% over the last four days, and today it underperformed its sector by 0.99%. In terms of returns, the stock has shown a slight decline of 0.06% over the past week, while it has gained 1.34% over the last month. However, the long-term outlook appears concerning, with a significant drop in operating profit over the last five years and a recent flat performance in financial results. The stock's technical indicators suggest a mildly bearish trend, and its valuation appears expensive compared to peers, which may deter investors.
In the broader market context, Sasken Technologies Ltd's short-term performance has been slightly better than the benchmark Sensex, which declined by 0.23% over the past week. Despite this, the stock's year-to-date performance is notably poor, down 30.00%, contrasting sharply with the Sensex's gain of 4.23%. The low participation from domestic mutual funds, holding only 0.96% of the company, may indicate a lack of confidence in the stock's current valuation or business prospects. Overall, the combination of declining investor interest, poor financial growth metrics, and bearish technical indicators contribute to the stock's recent downward movement.