Why is Mastek falling/rising?

As of 24-Sep, Mastek Ltd's stock price is currently at Rs 2,213.50, reflecting a decline of Rs 78.4 or 3.42%. The stock has been underperforming, having lost 10.44% over the last four days and is trading below all its moving averages. Additionally, the stock's performance over the past week shows a significant drop of 9.95%, while it has also underperformed the BSE500 index over the last year with a return of -17.02%. Despite some positive factors such as high management efficiency, a low debt-to-equity ratio, and healthy long-term growth in net sales and operating profit, the stock's recent performance is overshadowed by flat results in June and a low debtors turnover ratio, indicating operational challenges.
In the broader market context, Mastek's short-term performance contrasts sharply with the benchmark, as it has declined significantly while the Sensex has only fallen by 1.18% over the same period. This underperformance is further highlighted by the stock's year-to-date decline of 25.60% compared to the Sensex's gain of 4.58%. The falling investor participation, with a notable drop in delivery volume, suggests a lack of confidence among investors, which is compounded by the stock's inability to generate positive returns in both the near and long term. Overall, these factors contribute to a bearish sentiment surrounding Mastek's stock.