Why is Birlasoft Ltd falling/rising?

As of 04-Sep, Birlasoft Ltd is currently priced at 374.35, reflecting a decline of 4.35, or 1.15%. The stock has recently underperformed its sector by 0.35% and has experienced a trend reversal, falling after three consecutive days of gains. Over the past week, the stock has shown a modest increase of 1.30%, but it has significantly underperformed over the longer term, with a 1-month return of -7.40% and a year-to-date return of -33.20%. The company's financial health is mixed; while it boasts a high management efficiency with a return on equity (ROE) of 16.31% and a low debt-to-equity ratio, it has also faced negative results for the last four consecutive quarters, leading to a substantial decline in profits and net sales.
In the broader market context, Birlasoft's recent performance contrasts with the Sensex, which has increased by 0.80% over the past week. Despite the stock's liquidity being adequate for trading, there has been a notable decrease in investor participation, with delivery volume falling by 21% against the 5-day average. This decline in interest, coupled with the company's poor long-term growth prospects and negative quarterly results, suggests that investor sentiment is currently bearish. Overall, the combination of underperformance in both short-term and long-term metrics, along with disappointing financial results, contributes to the stock's downward movement.