Why is Sonata Software falling/rising?

As of 01-Sep, Sonata Software Ltd. is currently priced at 353.95, reflecting an increase of 2.35 (0.67%). Today's price movement indicates a trend reversal, as the stock has gained after three consecutive days of decline. However, it has underperformed its sector by 0.6%. The stock reached an intraday high of Rs 363.85, but it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, there has been a notable decline in investor participation, with delivery volume falling by 18.99% against the 5-day average. Over the past year, the stock has generated a return of -46.85%, and while it has strong long-term fundamentals, including a healthy growth rate in net sales and a low debt-to-equity ratio, its recent performance has been hindered by flat results and a significant drop in profits.
In the broader market context, Sonata Software's short-term performance has been notably poor, with a 1-week return of -7.22%, compared to a decline of only 1.56% in the Sensex. This underperformance is further highlighted by its year-to-date return of -41.11%, contrasting sharply with the Sensex's gain of 2.85%. Despite high institutional holdings at 35.24%, which typically indicate confidence in the stock's fundamentals, the company has struggled with below-par performance in both the long and near term. The combination of these factors suggests that while there may be some positive long-term indicators, the immediate outlook for Sonata Software remains challenging.