Why is Softtech Enginee falling/rising?

As of 19-Aug, Softtech Engineers Ltd's stock price is currently at Rs 377.50, reflecting a decrease of Rs 1.5 or 0.4%. The stock has underperformed its sector today by 0.75%, with an intraday low of Rs 362.6, marking a decline of 4.33%. Over the past week, the stock has shown a modest gain of 0.51%, but it has declined by 1.42% over the past month. Despite generating a positive return of 4.28% over the last year, the company has faced significant challenges, including a -55.34% growth in profit after tax for the last nine months and a weak long-term fundamental strength indicated by a -8.34% CAGR growth in operating profits over the past five years. Additionally, the stock's valuation appears expensive with a price-to-book ratio of 3.1, and domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its current price or business outlook.
In the broader market context, the Sensex has risen by 1.76% over the past week, contrasting with Softtech Engineers' modest gain, indicating that the stock is lagging behind the overall market performance. While the stock has shown strong returns over the last three years, its recent performance and financial metrics raise concerns about its sustainability. The company's weak profitability, as evidenced by a low return on equity of 0.8% and a high reliance on non-operating income, further complicates its outlook. Overall, the combination of underwhelming financial results and a lack of institutional support contributes to the stock's recent decline.