Why is Birlasoft Ltd falling/rising?

As of 17-Jul, Birlasoft Ltd's stock price is currently at 432.25, reflecting a decline of 1.45, or 0.33%. The stock has recently outperformed its sector by 0.8%, but it has experienced a trend reversal after two consecutive days of gains. Over the past week, the stock has shown a modest increase of 0.84%, while its performance over the last month is up by 2.13%. However, the stock has significantly underperformed over the year, with a decline of 40.71%, despite a high management efficiency indicated by a return on equity (ROE) of 16.31% and low debt-to-equity ratio. The company has faced negative results for the last three consecutive quarters, which has contributed to the stock's downward trajectory.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has outperformed the Sensex by 0.84% over the past week, while the Sensex itself has declined by 1.12%. Despite this short-term outperformance, Birlasoft Ltd has underperformed the market significantly over the past year, with a return of -40.71% compared to the Sensex's gain of 1.91%. The stock's liquidity remains adequate for trading, and there has been a rise in investor participation, suggesting some interest despite the overall negative sentiment driven by declining profits and sales.