Why is Sonata Software falling/rising?

As of 06-Aug, Sonata Software Ltd. is experiencing a decline in its stock price, currently at Rs 347.30, which reflects a decrease of Rs 8.35 or 2.35%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -16.26% over that period. Today's trading saw the stock touch an intraday low of Rs 343.3, and it is trading below all key moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 49.62% compared to the five-day average. Despite the company's strong long-term fundamentals, including a healthy return on equity and low debt levels, the stock has generated a substantial negative return of -46.53% over the past year, indicating ongoing challenges.
In the broader market context, Sonata Software's short-term performance has been considerably worse than the benchmark, with a -16.26% return over the past week compared to the Sensex's decline of only -1.15%. This stark contrast highlights the stock's struggles relative to the market. The company's flat results in June, along with its lowest recorded return on capital employed and dividend per share, further contribute to its below-par performance in both the near and long term. While high institutional holdings suggest some level of confidence in the company's fundamentals, the recent trends indicate that investor sentiment is currently negative, leading to the stock's decline.