Why is Hinduja Global falling/rising?

As of 22-Jul, Hinduja Global Solutions Ltd is experiencing a decline in its stock price, currently at Rs 589.15, reflecting a decrease of Rs 10.85 or 1.81%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 4.15% during this period. Today's trading saw the stock reach an intraday low of Rs 586.05, and it is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 69.15% compared to the 5-day average. The company has reported poor long-term growth, with net sales declining at an annual rate of 2.73% and operating profit plummeting by 193.18% over the past five years, which contributes to the negative sentiment surrounding the stock.
In the broader market context, Hinduja Global Solutions has shown a short-term return of 4.67% over the past week, contrasting with a slight decline of 0.47% in the Sensex, indicating some relative strength in the short term. However, the stock has significantly underperformed against the benchmark over the longer term, with a year-to-date decline of 17.42% compared to a 5.18% gain in the Sensex. This consistent underperformance, coupled with the lack of domestic mutual fund investment, suggests a lack of confidence in the company's prospects, further exacerbating the downward pressure on the stock price.