Why is Hinduja Global falling/rising?

As of 23-Sep, Hinduja Global Solutions Ltd is experiencing a decline in its stock price, currently at Rs 521.45, reflecting a decrease of -1.6 (-0.31%). The stock has been losing value for the last two days, with a total drop of -1.62% during this period. It has also underperformed significantly over various time frames, with a year-to-date decline of -26.91% and a one-year return of -38.52%. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company has reported poor financial performance, with negative operating profits and a significant drop in net sales, which has contributed to its weak market position. The lack of investor confidence is further highlighted by a decrease in delivery volume, suggesting reduced participation in trading.
In the broader market context, Hinduja Global's short-term performance has been worse than the benchmark, with a one-week return of -0.84% compared to the Sensex's -0.34%. This consistent underperformance against the benchmark over the last three years, coupled with a lack of investment from domestic mutual funds, indicates a lack of confidence in the company's future prospects. The overall market sentiment appears to be cautious, especially given the company's negative financial indicators and the high risk associated with its current valuation.