Why is Tracxn Technolo. falling/rising?

As of 18-Aug, Tracxn Technologies Ltd's stock price is currently at Rs 52.51, reflecting an increase of Rs 1.4 or 2.74%. Today's performance indicates a trend reversal as the stock has gained after six consecutive days of decline, despite opening with a loss of 2.17%. The stock reached an intraday high of Rs 52.71, outperforming its sector by 3.19%. However, it has shown poor performance over the past week, down 0.66%, and a significant decline of 32.14% year-to-date. The company has a high management efficiency with a return on equity (ROE) of 21.70% and a low debt-to-equity ratio, but it faces challenges such as poor long-term growth, with net sales growing at only 8.37% annually over the last five years, and a substantial drop in profits of 236.8% over the past year.
In the broader market context, the Sensex has increased by 0.83% over the past week, contrasting with Tracxn's decline. This underperformance is evident as the stock has generated a return of -43.77% over the last year, significantly lagging behind the benchmark's 1.04% increase. Additionally, there has been a decrease in institutional investor participation, which may indicate a lack of confidence in the stock's fundamentals. The stock's current trading at a premium compared to its peers, alongside flat results and a low return on capital employed (ROCE) of 10.08%, further contributes to the cautious sentiment surrounding Tracxn Technologies Ltd.