Why is Expleo Solutions falling/rising?

As of 19-Sep, Expleo Solutions Ltd is experiencing a decline in its stock price, currently at 1,040.00, which reflects a decrease of 13.4 or 1.27%. The stock has underperformed its sector today by 0.87% and has been on a downward trend for the last two days, resulting in a total drop of 2.62%. Over the past week, the stock has shown a positive return of 5.48%, but it has significantly underperformed the benchmark over the longer term, with a year-to-date return of -25.93% compared to the Sensex's gain of 5.74%. The company has a high dividend yield of 4.75%, which may attract some investors, but the falling delivery volume, which dropped by 66.04% against the 5-day average, indicates decreasing investor participation. Additionally, the company reported flat results in its latest quarter, with significant declines in profit before tax and profit after tax compared to previous averages, contributing to the negative sentiment surrounding the stock.
In the broader market context, while Expleo Solutions has shown some short-term recovery with a 5.48% increase over the past week, it still lags behind the Sensex, which has gained 0.88% in the same period. The stock's consistent underperformance against the benchmark over the last three years, coupled with a lack of domestic mutual fund investment, suggests a lack of confidence in its future prospects. Despite a relatively attractive valuation with a price-to-book ratio of 2.5 and a return on equity of 16.2%, the overall sentiment remains cautious due to the company's recent financial performance and the significant drop in investor participation.