Why is Sagility India falling/rising?

As of 10-Jul, Sagility India Ltd's stock price is currently at Rs 44.67, reflecting an increase of Rs 1.79 or 4.17%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 7.92% during this period. It has outperformed its sector by 3.22% today and has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent decline in investor participation, with delivery volume dropping by 16.19% against the 5-day average, the company has demonstrated strong long-term fundamentals, including a remarkable 48.84% compound annual growth rate in operating profits and positive results over the last two quarters, which have likely contributed to the stock's recent rise.
In the broader market context, Sagility India has outperformed the Sensex in the short term, with a 1-week return of 5.38% compared to a slight decline of 0.06% for the benchmark index. Over the past month, the stock has increased by 9.92%, while the Sensex has only risen by 0.97%. This strong performance relative to the market may reflect investor confidence in the company's growth potential, especially given its significant profit increases and fair valuation metrics. However, it is important to note that the stock has underperformed year-to-date, with a decline of 11.47%, contrasting with the Sensex's gain of 6.46%, indicating that while recent movements are positive, the stock has faced challenges earlier in the year.