Why is One Global Serv falling/rising?

As of 23-Jun, One Global Service Provider Ltd's stock price is currently at 230.50, reflecting a decline of 4.7 points or 2.0%. The stock has been on a downward trend, having underperformed its sector by 2.53% today and experiencing a consecutive fall for the last 10 days, resulting in a total decline of 18.22% during this period. It opened with a loss of 2% and has consistently traded at this price level, indicating a lack of upward momentum. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish sentiment among investors. Despite the company showing strong fundamentals, such as a high return on equity and significant growth in net sales and profits, the recent decrease in promoter stake by 14.46% raises concerns about confidence in the company's future, contributing to the stock's decline.
In the broader market context, the stock has underperformed significantly compared to the benchmark, with a 1-week return of -9.55% against a slight gain of 0.12% for the Sensex. Over the year, while One Global Service Provider Ltd has generated a substantial return of 77.51%, the recent trends indicate a stark contrast to the overall market performance, which has seen a modest increase of 4.81%. This divergence highlights the challenges the stock faces despite its historical performance, as investor sentiment appears to be influenced by the recent negative developments regarding promoter confidence and declining participation in trading.