Why is Sagility India falling/rising?

As of 16-Jul, Sagility India Ltd's stock price is currently at 45.52, reflecting an increase of 0.56 or 1.25%. The stock has shown strong performance in the short term, with a 6.16% rise over the past week and a 13.91% increase over the past month, while it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant drop in investor participation, with delivery volume falling by 48.18% compared to the 5-day average. Despite this decline in participation, the company has demonstrated strong long-term fundamentals, with a remarkable 48.84% compound annual growth rate in operating profits and positive results in the last two quarters, including a 74.1% growth in profit before tax.
In the broader market context, while Sagility India has outperformed the Sensex in the short term, with a 6.16% gain over the past week compared to the benchmark's decline of 1.08%, it has underperformed year-to-date with a decline of 9.79% against the Sensex's 5.75% increase. This mixed performance indicates that while the stock is currently rising, it faces challenges in maintaining momentum due to decreased investor participation and overall market conditions. The company's attractive valuation, with a price-to-book value of 2.6 and a return on equity of 6.5, suggests potential for future growth, but the recent drop in trading volume may raise concerns among investors.