Why is Mphasis falling/rising?

As of 26-Aug, Mphasis Ltd. is experiencing a decline in its stock price, currently at 2,867.50, reflecting a decrease of 48.25 points or 1.65%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of 4.57% and 8.89%, respectively. Additionally, Mphasis is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the longer term. The recent increase in delivery volume by 128.43% suggests rising investor participation, which could be a positive sign for future performance. The company benefits from high management efficiency, as evidenced by a return on equity (ROE) of 19.05%, a low debt-to-equity ratio, and significant institutional holdings at 55.5%, which may provide stability and confidence among investors.
In the broader market context, Mphasis has outperformed the Sensex over the past week and month, while the benchmark has seen declines of 1.05% and 0.83%, respectively. However, year-to-date, Mphasis has underperformed the Sensex, with a return of 0.56% compared to the benchmark's 3.39%. This mixed performance indicates that while Mphasis has shown resilience in the short term, its overall year-to-date performance may be contributing to the current decline in stock price. The broader market conditions and investor sentiment could be influencing the stock's movement, despite its strong fundamentals and positive indicators in recent trading activity.