Why is Softtech Enginee falling/rising?

As of 04-Jul, Softtech Engineers Ltd's stock price is currently at Rs 390.05, reflecting a decline of Rs 13.8 or 3.42%. The stock has been underperforming, having fallen consecutively for the last two days, with a total drop of 4.41% during this period. Today's trading saw the stock reach an intraday low of Rs 384.25, indicating significant selling pressure. Despite generating a positive return of 9.55% over the past year, the company has faced challenges, including a weak long-term fundamental strength characterized 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 lack of domestic mutual fund investment, which stands at 0%, may suggest a lack of confidence in the stock's valuation and business prospects.
In the broader market context, Softtech Engineers Ltd has outperformed the Sensex in the short term, with a 1-week return of 0.66% compared to the benchmark's -0.74%. However, the stock's year-to-date performance shows a significant decline of 26.41%, contrasting with the Sensex's gain of 6.77%. This disparity highlights the stock's volatility and investor concerns regarding its long-term viability, especially given the company's recent flat financial results and declining profitability. The overall market sentiment appears cautious, which may be contributing to the stock's current downward trajectory.