Why is One Global Serv falling/rising?

As of 26-Jun, One Global Service Provider Ltd's stock price is currently at 225.80, reflecting an increase of 4.4, or 1.99%. The stock has shown a trend reversal by gaining after 12 consecutive days of decline, outperforming its sector by 1.07% today. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -5.92% and a 1-month return of -9.88%. However, the company has demonstrated strong fundamentals, including a high return on equity (ROE) of 32.04%, low debt-to-equity ratio, and impressive growth in net sales and profits, which have contributed to its positive performance over the past year, yielding a return of 63.88%.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 2.94% over the past week and 1.92% over the past month. While the stock has experienced significant long-term growth, its recent decline in promoter confidence, as evidenced by a 14.46% reduction in their stake, raises concerns about future prospects. This decrease in promoter confidence may impact investor sentiment, despite the company's strong operational results and attractive valuation metrics. Overall, the stock's recent rise can be attributed to a combination of a trend reversal and solid financial performance, while its short-term struggles reflect broader market dynamics and internal confidence issues.