Why is Happiest Minds falling/rising?

As of 29-Aug, Happiest Minds Technologies Ltd is experiencing a decline in its stock price, currently at 565.00, which represents a decrease of 5.7 or 1.0%. The stock has underperformed its sector by 0.32% today and has been on a consecutive fall for the last three days, accumulating a total decline of 5.04% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 4.58%, and it has shown a significant year-to-date decline of 23.07%, contrasting sharply with the Sensex, which has gained 2.14% during the same period. Despite the company's strong long-term fundamentals, including a healthy return on equity and low debt-to-equity ratio, these factors have not been enough to counteract the recent negative price movements.
Broader Market Context: The broader market context indicates that while the Sensex has experienced a slight decline of 1.84% over the past week, Happiest Minds has significantly underperformed, suggesting that specific issues within the company may be influencing its stock price more than general market trends. The falling investor participation, as evidenced by a 16.69% drop in delivery volume compared to the 5-day average, further indicates a lack of confidence among investors. This combination of poor short-term performance relative to the benchmark and declining trading activity suggests that investors are cautious about the stock's immediate prospects, despite its solid long-term fundamentals.