Why is Softtech Enginee falling/rising?

As of 16-Oct, Softtech Engineers Ltd is experiencing a decline in its stock price, currently at Rs 362.00, which reflects a decrease of Rs 12.45 or 3.32%. The stock has underperformed its sector today by 3.67%, touching an intraday low of Rs 357.95, which represents a drop of 4.41%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, falling by 80.49% compared to the 5-day average, suggesting reduced investor participation. Over the past week, the stock has declined by 3.90%, and year-to-date, it has fallen by 31.70%, contrasting with the Sensex, which has gained 6.82% during the same period.
In the broader market context, Softtech Engineers Ltd's recent performance has been notably weaker compared to the benchmark Sensex, which has shown positive returns of 1.58% over the past week and 6.82% year-to-date. This stark contrast highlights the stock's struggles, particularly as it has underperformed against the market averages. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts mentioned that could explain the stock's recent decline. Overall, the combination of poor trading performance, low investor interest, and negative returns relative to the benchmark indicates a challenging environment for Softtech Engineers Ltd.