Why is Expleo Solutions falling/rising?

As of 14-Nov, Expleo Solutions Ltd's stock price is rising, currently at 1,075.50, reflecting an increase of 99.0 or 10.14%. The stock has shown strong performance today, outperforming its sector by 10.24% and opening with a significant gain of 17.77%. It reached an intraday high of Rs 1171.8, marking a 20% increase. Over the past week, the stock has risen by 9.74%, although it has underperformed on a year-to-date basis with a decline of 23.40%. Positive factors contributing to the stock's rise include a high dividend yield of 5.18%, a low debt-to-equity ratio, and an attractive valuation with a price-to-book value of 2.6. However, the company has faced challenges, such as a flat PAT and low operating profit margins in recent quarters, which may have affected investor confidence.
In the broader market context, Expleo Solutions has outperformed the Sensex in the short term, with a 1-week return of 9.74% compared to the Sensex's 1.62%. Despite this recent uptick, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -12.62% in the past year while the Sensex has gained 8.22%. The lack of domestic mutual fund investment, holding only 0% of the company, may indicate a lack of confidence in the stock's valuation or business prospects, which could weigh on its long-term performance despite the recent positive movement.