Why is Datamatics Glob. falling/rising?

As of 07-Jul, Datamatics Global Services Ltd is currently priced at 659.60, reflecting a decrease of 0.4 points or 0.06%. Despite this slight decline, the stock has shown strong performance in the short term, with a 5.41% increase over the past week and an 8.82% rise over the past month, significantly outperforming the Sensex, which has seen a minor decline of 0.20% in the same week. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. However, it is important to note that the stock has generated a return of -2.49% over the past year, coinciding with a 10.1% decline in profits, which may contribute to investor caution despite the recent positive momentum.
In the broader market context, Datamatics Global Services Ltd's recent performance contrasts with the Sensex, which has gained 1.53% over the past month and 6.79% year-to-date. While Datamatics has outperformed the benchmark in the short term, its year-to-date return of 3.30% lags behind the Sensex's performance. The company maintains a low debt-to-equity ratio and a fair valuation, but it is trading at a premium compared to its peers, which may affect investor sentiment. The rising investor participation, evidenced by a significant increase in delivery volume, suggests a growing interest in the stock, yet the overall decline in profits and the negative annual return may temper enthusiasm among potential investors.