Why is Sasken Technol. falling/rising?

As of 18-Nov, Sasken Technologies Ltd is currently priced at 1,420.15, reflecting an increase of 7.0 (0.5%). The stock has shown a performance today that outperformed its sector by 1.47%. However, it is important to note that the stock's delivery volume has fallen significantly by 38.88% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has gained 0.37%, while its performance over the last month shows a more substantial increase of 3.15%. Despite these short-term gains, the stock has underperformed over the long term, with a year-to-date decline of 33.01% and a one-year decline of 31.75%. Positive factors include a low debt-to-equity ratio and strong quarterly results, with net sales growing by 45.8%. However, the company faces challenges with poor long-term growth, as evidenced by a significant annual decline in operating profit and a low return on equity of 4.9, leading to a high price-to-book value ratio compared to peers.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has increased by 0.96% over the past week and 0.86% over the past month. The stock has notably underperformed the market over the last year, where the BSE500 has generated returns of 8.30%, while Sasken Technologies Ltd has seen a substantial negative return of 31.75%. This underperformance, coupled with low domestic mutual fund holdings, suggests a lack of confidence among institutional investors, which may further contribute to the stock's struggles in gaining traction in the market.