Why is Expleo Solutions falling/rising?

As of 08-Sep, Expleo Solutions Ltd is experiencing a decline in its stock price, currently at 1,015.35, reflecting a decrease of 4.65 points or 0.46%. The stock has been on a downward trend, having fallen consecutively for the last two days, resulting in a total drop of 2.09% during this period. Although it opened with a gain of 3.92% today and reached an intraday high of Rs 1,059.95, it is trading below all key moving averages, indicating a bearish sentiment. Additionally, the stock's performance over the past week and month shows a decline of 0.26% and 9.00%, respectively, while it has underperformed the benchmark Sensex, which has gained 0.53% over the same week and 1.16% over the past month. Despite a high dividend yield of 4.85% and a low debt-to-equity ratio, the stock's year-to-date performance is down 27.68%, suggesting ongoing challenges.
In the broader market context, Expleo Solutions' recent performance contrasts sharply with the Sensex, which has shown resilience with a positive return of 3.39% year-to-date. The stock's significant underperformance over various periods, including a 22.01% decline over the past year, highlights investor concerns despite a 6% increase in profits during the same timeframe. The falling investor participation, as indicated by a 14.28% drop in delivery volume, further exacerbates the stock's struggles, suggesting a lack of confidence among investors. Overall, while the company maintains a fair valuation and attractive return on equity, the prevailing market conditions and stock-specific factors contribute to its current downward trajectory.