Why is Expleo Solutions falling/rising?

As of 24-Sep, Expleo Solutions Ltd's stock price is currently at 995.55, reflecting an increase of 3.75 (0.38%). The stock has shown a trend reversal by gaining after four consecutive days of decline, although it remains lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite today's positive movement, the stock has underperformed significantly over the past year, with a return of -24.30%. Factors contributing to this performance include a flat result in the latest quarter, with both profit before tax and profit after tax falling substantially compared to previous averages. Additionally, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation, despite its attractive dividend yield of 5.06% and a low debt-to-equity ratio.
In the broader market context, Expleo Solutions has underperformed against the Sensex, with a 1-week return of -6.78% compared to the benchmark's -1.18%. This consistent underperformance over the last three years, coupled with a year-to-date return of -29.09%, highlights the challenges the company faces in gaining investor confidence. While the stock has outperformed its sector by 1.04% today, the overall negative sentiment and declining investor participation suggest that the recent price increase may not be indicative of a sustained recovery.