Why is Expleo Solutions falling/rising?

As of 04-Jul, Expleo Solutions Ltd is experiencing a decline in its stock price, currently at 1,308.80, which reflects a decrease of 36.2 points or 2.69%. Today's price summary indicates that the stock has underperformed its sector by 3.4%, touching an intraday low of Rs 1302.05. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. Over the past week, the stock has shown a positive return of 2.49%, but it has a year-to-date decline of 6.78%. The company has a healthy long-term growth trajectory, with net sales increasing at an annual rate of 30.65%, and a return on equity (ROE) of 16.2, indicating attractive valuation metrics. However, the stock is trading at a premium compared to its peers, and domestic mutual funds hold no stake, which may reflect a lack of confidence in the current price.
In the broader market context, Expleo Solutions' recent performance contrasts with the Sensex, which has seen a slight decline of 0.74% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date performance lags behind the Sensex's gain of 6.77%. The lack of domestic mutual fund investment may signal caution among institutional investors, potentially impacting market sentiment. Overall, while the company shows strong fundamentals and growth potential, the recent price decline may be influenced by investor sentiment and market dynamics, leading to a cautious outlook despite positive long-term indicators.