Why is Softtech Enginee falling/rising?

As of 24-Jul, Softtech Engineers Ltd's stock price is currently at Rs 377.00, reflecting a decrease of Rs 14.9, or 3.8%. The stock has underperformed its sector by 2.29% today and has experienced a trend reversal, falling after three consecutive days of gains. The stock touched an intraday low of Rs 377, and its delivery volume has significantly decreased by 63.83% compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has a year-to-date decline of 28.87%, although it has shown a positive return of 9.12% over the past year and an impressive 282.55% increase over the last three years.
In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week, while Softtech Engineers Ltd has fallen by 3.08% in the same period, indicating that the stock's short-term performance is significantly worse than the benchmark. Despite the stock being higher than its 50-day and 100-day moving averages, it remains lower than its 5-day, 20-day, and 200-day moving averages, suggesting a potential bearish trend. The overall liquidity of the stock remains adequate for trading, but the significant drop in delivery volume may reflect a lack of confidence among investors, contributing to the stock's recent decline.