Why is Synoptics Techno falling/rising?

As of 28-Jul, Synoptics Technologies Ltd is experiencing a decline in its stock price, currently at 101.80, which reflects a decrease of 2.05 or 1.97%. Despite outperforming its sector by 4.01% today, the stock has shown a negative return of 3.96% over the past week and a year-to-date decline of 17.44%. While the stock's moving averages indicate it is performing better than the 5-day and 20-day averages, it remains below the longer-term averages of 50, 100, and 200 days. The company has a return on capital employed (ROCE) of 9.7, indicating a very attractive valuation, but it has also faced a significant profit drop of 33% over the past year, contributing to the overall negative sentiment.
In the broader market context, the Sensex has declined by 1.63% over the past week, suggesting that the stock's short-term performance is worse than the benchmark. The company's weak long-term fundamental strength is highlighted by a -5.20% compound annual growth rate (CAGR) in net sales over the last five years, which raises concerns among investors. Additionally, flat results anticipated in September 2024 further exacerbate the stock's challenges, leading to a cautious outlook despite some short-term positive indicators.