Why is Softtech Enginee falling/rising?

As of 26-Jun, Softtech Engineers Ltd is experiencing a price increase, currently at Rs 382.00, reflecting a change of 5.45 (1.45%) upward. The stock has shown a strong performance today, outperforming its sector by 1.51% and achieving a consecutive gain over the last two days with a total return of 3.42%. Despite this short-term gain, the stock's one-month performance is slightly negative at -0.57%, while it has outperformed the Sensex in the past week with a return of +9.82%. However, the company faces significant challenges, including weak long-term fundamental strength, as indicated by a -8.33% CAGR growth in operating profits over the last five years and a low return on equity of 3.37%. Additionally, the stock's valuation appears expensive compared to its peers, which may deter long-term investors.
In the broader market context, the Sensex has shown a positive return of +2.94% over the past week, indicating a favorable market environment. While Softtech Engineers has outperformed the benchmark in the short term, its year-to-date performance is concerning, with a decline of -27.92% compared to the Sensex's gain of +7.19%. The falling investor participation, evidenced by a significant drop in delivery volume, suggests a lack of confidence among investors, which could impact future price movements. Overall, while the stock is currently rising, the underlying fundamentals and market sentiment present a mixed outlook.