Why is Sagility India falling/rising?

As of 17-Jul, Sagility India Ltd's stock price is currently at 44.96, reflecting a decrease of 0.56, or 1.23%. The stock has underperformed its sector by 1% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest increase of 0.65%, while it has outperformed the benchmark Sensex over the past month with a return of 9.42%. However, the year-to-date performance remains negative at -10.90%. Notably, there has been a decline in investor participation, with delivery volume falling by 31.49% compared to the 5-day average, which may contribute to the stock's current downward movement. Despite these challenges, the company has demonstrated strong long-term fundamentals, with operating profits growing at a compound annual growth rate of 48.84% and positive results in the last two quarters.
In the broader market context, Sagility India's short-term performance has been relatively better than the Sensex, which has declined by 1.12% over the past week. This indicates that while the stock is facing some immediate pressures, it has managed to outperform the benchmark in the short term. The company's healthy growth in operating profits and positive quarterly results suggest potential for recovery, yet the overall year-to-date decline and reduced trading volume may be weighing on investor sentiment. The stock's fair valuation, indicated by a price-to-book value of 2.5 and a return on equity of 6.5, suggests that while there are positive long-term growth prospects, current market conditions are impacting its price negatively.