Why is Sagility India falling/rising?

As of 29-Jul, Sagility India Ltd's stock price is currently at Rs 43.35, reflecting an increase of Rs 1.26 or 2.99%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Today, it outperformed its sector by 1.58%, with an intraday high of Rs 43.72, indicating positive momentum. Over the past week, the stock has decreased by 0.82%, but it has performed better over the past month with a gain of 3.93%. The company has demonstrated strong long-term fundamental strength, with operating profits growing at an annual rate of 48.84%. Positive results from the last two quarters, including a significant increase in profit before tax and net sales, have contributed to investor confidence, despite the stock's year-to-date decline of 14.09%.
In the broader market context, while Sagility India has experienced a decline of 0.82% over the past week, the benchmark Sensex has fallen by 1.03%, indicating that the stock has outperformed the market in this timeframe. The stock's liquidity is adequate, with a delivery volume increase of 17.9% against the five-day average, suggesting rising investor participation. Despite the stock's year-to-date performance lagging behind the Sensex, the attractive valuation and strong growth in profits may provide a supportive backdrop for future price movements.