Why is Hinduja Global falling/rising?

As of 05-Sep, Hinduja Global Solutions Ltd's stock is currently priced at 523.20, reflecting a rise of 1.15 (0.22%). Today's performance indicates that the stock has outperformed its sector by 2.91% and has shown a trend reversal after two consecutive days of decline. However, the stock has experienced significant underperformance over the past month, with a decline of 8.93%, and a year-to-date drop of 26.66%. The company's financial health is concerning, as evidenced by negative operating profits and a substantial decrease in net sales, which has contributed to a poor long-term growth outlook. Additionally, the low debt-to-equity ratio may not be sufficient to offset the negative sentiment surrounding the stock, especially given the lack of domestic mutual fund investment.
Broader market context shows that while Hinduja Global Solutions has outperformed the sector today, it has consistently underperformed against the benchmark, with a one-year return of -41.33% compared to a -1.81% return for the Sensex. The stock's recent rise may be attributed to a temporary rebound after previous losses, but the overall trend remains negative, particularly in light of the broader market's stability. The BPO/ITeS sector has also faced declines, which could further impact investor sentiment. Thus, despite today's slight increase, the stock's long-term prospects appear bleak, and it continues to be viewed as a risky investment.