Why is Expleo Solutions falling/rising?

As of 02-Jul, Expleo Solutions Ltd is experiencing a decline in its stock price, currently at 1,340.00, which reflects a decrease of 5.85 or 0.43%. Today's price summary indicates that the stock has underperformed its sector by 0.52% and has fallen after two consecutive days of gains. The stock reached an intraday low of Rs 1,315, marking a drop of 2.29%. Despite this recent downturn, the stock has shown strong performance over the past month with a return of 25.75%, although it has a year-to-date decline of 4.56%. The company benefits from a high dividend yield of 3.72% and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 30.65%. However, the presence of flat results in March and a negligible stake from domestic mutual funds may indicate a lack of confidence in the stock's current valuation.
In the broader market context, Expleo Solutions has outperformed the benchmark Sensex over the past week, with a return of 2.98% compared to the Sensex's 0.79%. However, the stock's year-to-date performance lags behind the benchmark, which has gained 6.75%. The stock's trading above its moving averages suggests a potential for recovery, but the recent price drop may reflect investor caution amid the company's flat results and low mutual fund interest. Overall, while the stock has shown strong historical returns, the current market sentiment appears to be weighing on its price.