Why is Unicommerce falling/rising?

As of 21-Aug, Unicommerce eSolutions Ltd is experiencing a decline in its stock price, currently at Rs 143.00, reflecting a decrease of Rs 1.05 or 0.73%. The stock has underperformed its sector today by 0.86% and has seen a trend reversal after three consecutive days of gains. Despite touching an intraday high of Rs 148.1 earlier in the day, the weighted average price indicates that more volume was traded closer to the low price. Over the past week, the stock has shown a return of +13.90%, but it has significantly underperformed over the year with a return of -37.14%. Positive factors include high management efficiency with a return on equity (ROE) of 27.92%, a low debt-to-equity ratio, and healthy long-term growth in operating profit. However, the stock's high valuation and falling participation from institutional investors, who have reduced their stake by 1.64%, contribute to the negative sentiment surrounding the stock.
Broader market context shows that while the Sensex has gained 1.74% over the past week, Unicommerce's performance has been markedly weaker, indicating a disconnect between the stock and broader market trends. The stock's year-to-date performance is also concerning, with a decline of 15.16% compared to a 4.94% increase in the Sensex. This underperformance, coupled with the fact that institutional investors, who typically have more resources to analyze company fundamentals, are pulling back, suggests a lack of confidence in the stock's future prospects. Overall, the combination of recent price movements, institutional selling, and high valuation concerns are contributing to the stock's current downward trajectory.