Why is Hinduja Global falling/rising?

As of 24-Sep, Hinduja Global Solutions Ltd is currently priced at 517.30, reflecting a slight increase of 0.2 (0.04%). The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 1.87%. However, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 0.62%, and it has significantly underperformed the benchmark over the last year with a return of -38.34%. The company has a low Debt to Equity ratio of 0.05 times, but it faces challenges with poor long-term growth, as evidenced by a decline in net sales and operating profit over the last five years. Recent negative financial results, including a substantial drop in profit before tax and net sales, further contribute to the stock's risk profile.
In the broader market context, the stock's performance has been weaker than the benchmark, with a year-to-date return of -27.49% compared to the Sensex's gain of 4.58%. The BPO/ITeS sector, in which Hinduja Global operates, has also seen a decline of 2.12%, reflecting broader challenges in the industry. Additionally, falling investor participation, as indicated by a decrease in delivery volume, suggests a lack of confidence among investors. The stock's consistent underperformance against the benchmark over the past three years, coupled with negligible domestic mutual fund holdings, indicates that institutional investors may be wary of the company's prospects at its current valuation.