Why is Happiest Minds falling/rising?

As of 11-Sep, Happiest Minds Technologies Ltd is experiencing a decline in its stock price, currently at 569.10, which reflects a decrease of 4.7 or 0.82%. The stock has underperformed its sector by 0.48% today and has fallen after two consecutive days of gains. In terms of performance over various periods, the stock has shown a negative return of 0.13% over the past week, 1.39% over the past month, and a significant decline of 22.51% year-to-date. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 21.07% and healthy net sales growth, the stock's recent performance has been adversely affected by its lower moving averages compared to longer-term averages and a significant year-over-year decline of 29.68%.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark Sensex, which has gained 1.03% over the past week and 1.17% over the past month. This underperformance highlights a disconnect between the company's fundamentals and market sentiment. While there has been rising investor participation, as evidenced by an 87.26% increase in delivery volume, the overall liquidity remains adequate for trading. The stock's current challenges, combined with its substantial declines over the past three years, suggest that investors may be cautious despite the company's strong long-term fundamentals.