Why is Birlasoft Ltd falling/rising?

As of 22-Aug, Birlasoft Ltd's stock price is currently at 375.65, reflecting a decrease of 5.75 or 1.51%. The stock has been underperforming, having lost 2.14% over the last two days and showing a negative return of 7.13% over the past month. Additionally, the stock has consistently underperformed its sector by 0.5% today. Despite having a high management efficiency indicated by a return on equity (ROE) of 16.31% and a low debt-to-equity ratio, the company has faced significant challenges, including a 37.56% decline in returns over the past year and negative results for the last four consecutive quarters, which have contributed to its recent price drop.
In the broader market context, Birlasoft's short-term performance of +1.82% over the past week contrasts with the Sensex's gain of +0.88%, indicating some resilience in the stock despite its overall decline. However, the stock's year-to-date performance shows a stark contrast to the Sensex, with Birlasoft down 32.97% while the benchmark has risen by 4.05%. This disparity highlights the stock's struggles in both the short and long term, compounded by poor sales growth and a lack of investor confidence, as evidenced by falling delivery volumes and a decline in institutional participation.