Why is Hinduja Global falling/rising?

As of 30-Sep, Hinduja Global Solutions Ltd is experiencing a decline in its stock price, currently at Rs 490.00, which reflects a decrease of Rs 9.9 or 1.98%. The stock has underperformed its sector by 1.72% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 5.32% during this period. Additionally, the stock has shown poor returns over various time frames, with a year-to-date decline of 31.31% and a staggering 39.51% drop over the past year. The company has reported negative financial results, including a significant decrease in net sales and operating profits, which has contributed to its current low valuation. Furthermore, the stock is trading below all key moving averages and has a low debt-to-equity ratio, indicating potential financial instability.
In the broader market context, Hinduja Global's performance has been notably weaker compared to the benchmark, with a 1-week return of -5.24% against the Sensex's -2.23%. This consistent underperformance over the last three years, coupled with a lack of confidence from domestic mutual funds, suggests that investors are wary of the company's prospects. The stock's high dividend yield of 0 and the negative operating profits further exacerbate the perception of risk associated with this investment. Overall, the combination of poor financial performance, negative investor sentiment, and significant underperformance relative to the market has led to the stock's current decline.