Why is Hinduja Global falling/rising?

As of 24-Jul, Hinduja Global Solutions Ltd is experiencing a decline in its stock price, currently at 588.80, reflecting a decrease of 9.75 points or 1.63%. The stock has underperformed its sector today by 0.86%, and while it is trading higher than its 20-day, 50-day, and 100-day moving averages, it is below its 5-day and 200-day moving averages. Over the past week, the stock has seen a return of -4.21%, contrasting with a minimal decline of -0.09% in the Sensex. Additionally, the stock's long-term performance has been concerning, with a significant drop of -28.72% over the past year and a staggering -54.51% over the last three years. The company has also reported poor financial metrics, including a -98.84% growth in PAT over the latest six months and a negative operating profit trend, which contributes to the stock's downward movement.
In the broader market context, Hinduja Global Solutions Ltd's recent performance has been notably weaker compared to the benchmark, as it has consistently underperformed against the BSE500 over the last three years. The stock's lack of appeal is further highlighted by the absence of domestic mutual fund investments, indicating a lack of confidence in its valuation or business prospects. The company's high dividend yield of 1.2% does not seem to offset the risks associated with its negative operating profits and declining sales growth, which have led to a cautious outlook among investors. Overall, the combination of poor financial performance, declining investor participation, and consistent underperformance against market benchmarks has contributed to the stock's current downward trajectory.