Why is Sagility India falling/rising?

As of 11-Jul, Sagility India Ltd is experiencing a slight increase in its stock price, currently at 44.77, with a change of 0.1, representing a 0.22% rise. The stock has shown strong performance recently, gaining 8.17% over the last four days and outperforming the benchmark Sensex, which has declined by 1.12% over the past week. Additionally, Sagility India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company has also seen a significant increase in investor participation, with delivery volume rising by 223.38% compared to the 5-day average. Furthermore, the company has demonstrated strong long-term fundamentals, with a remarkable 48.84% compound annual growth rate (CAGR) in operating profits and positive results in the last two consecutive quarters.
In the broader market context, while Sagility India has posted a year-to-date decline of 11.28%, it has outperformed the Sensex, which has gained 5.58% during the same period. This contrast highlights the stock's recent recovery despite its overall year-to-date performance. The company's healthy growth in operating profits and strong financial results, including a net sales figure of Rs 1,568.48 crore, contribute to its positive outlook. With a return on equity of 6.5 and a fair valuation indicated by a price-to-book value of 2.5, the stock's recent upward movement reflects investor confidence in its long-term potential, despite the challenges it has faced earlier in the year.