Why is Birlasoft Ltd falling/rising?

As of 02-Sep, Birlasoft Ltd's stock price is currently at 377.50, reflecting an increase of 1.85, or 0.49%. The stock has shown a positive performance today, outperforming its sector by 0.42%, and has been on a consecutive gain for the last two days, accumulating a total return of 2.25% during this period. However, despite this short-term uptick, the stock has experienced a significant decline of 43.28% over the past year, with a year-to-date drop of 32.64%. The company's financial health is mixed; it boasts a high return on equity (ROE) of 16.31% and a low debt-to-equity ratio, but it has also reported negative results for the last four consecutive quarters, with profits falling by 25.7%.
In the broader market context, Birlasoft's recent performance contrasts with the Sensex, which has seen a slight increase of 2.58% year-to-date. Over the past week, Birlasoft has outperformed the benchmark, gaining 2.10% compared to the Sensex's decline of 0.78%. However, the stock's long-term growth prospects appear poor, with net sales growing at an annual rate of only 9.24% over the last five years, and it has underperformed the BSE500 in both the short and long term. The decline in investor participation, as indicated by a 22.71% drop in delivery volume, further suggests a lack of confidence among retail investors, despite the high institutional holdings of 34.82%, which may provide some stability.