Why is Softtech Enginee falling/rising?

As of 24-Jun, Softtech Engineers Ltd is experiencing a decline in its stock price, currently at Rs 369.35, reflecting a decrease of Rs 8.15 or 2.16%. Today's price summary indicates that the stock has underperformed its sector, with a trend reversal following three consecutive days of gains. The stock reached an intraday low of Rs 368.75 and is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 70.39% compared to the 5-day average. While the stock has shown consistent returns over the past three years, it has a weak long-term fundamental strength, evidenced by a -8.33% CAGR growth in operating profits over the last five years and a low return on equity of 3.37%.
In the broader market context, Softtech Engineers Ltd has outperformed the benchmark Sensex over the past week and month, with returns of 8.31% and 1.32%, respectively, compared to the Sensex's 0.58% and 0.41%. However, year-to-date, the stock has significantly underperformed, with a decline of 30.31% against the Sensex's gain of 5.01%. This stark contrast highlights the stock's volatility and investor concerns regarding its profitability and valuation, as it trades at a premium compared to its peers despite weak fundamentals and flat results in recent quarters. The lack of domestic mutual fund investment further suggests a lack of confidence in the company's prospects, contributing to the stock's downward movement.