Why is Sagility India falling/rising?

As of 21-Jul, Sagility India Ltd's stock price is currently at 43.82, reflecting a decrease of 0.34 or 0.77%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 3.73% during this period. Despite this short-term decline, the stock has shown a positive performance over the past month, with a return of 9.00%. However, it has underperformed year-to-date, with a significant drop of 13.16%. The stock's delivery volume has also decreased sharply, falling by 57.64% against the five-day average, indicating a decline in investor participation. On a positive note, 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, which could support future price recovery.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, while Sagility India has experienced a more pronounced drop of 2.56% in the same timeframe. This suggests that the stock's recent performance is not entirely aligned with the benchmark index. Despite the short-term challenges, the company's strong fundamentals and attractive valuation, highlighted by a return on equity of 6.5 and a price-to-book value of 2.5, may provide a foundation for recovery in the long run. The stock's ability to generate profits, which have risen by 136% over the past year, could also play a crucial role in its future performance against the backdrop of a fluctuating market.