Why is Sagility India falling/rising?

As of 31-Jul, Sagility India Ltd is experiencing a significant rise in its stock price, currently at Rs 46.65, reflecting an increase of 4.24 or 10.0%. The stock has outperformed its sector by 10.6% today, reaching an intraday high of Rs 46.65. Over the past week, the stock has increased by 5.11%, and over the past month, it has risen by 13.31%. Despite a year-to-date decline of 7.55%, the company has demonstrated strong long-term fundamental strength, with operating profits growing at a compound annual growth rate (CAGR) of 48.84%. The positive results from the last three consecutive quarters, including a 223.05% growth in profit after tax and a 23.97% increase in net sales, have likely contributed to the stock's upward momentum.
In the broader market context, while Sagility India has shown positive short-term returns, the benchmark Sensex has declined by 1.22% over the past week and 3.00% over the past month. This indicates that Sagility India is performing well relative to the overall market. However, it is worth noting that investor participation has decreased, with delivery volume falling by 13.34% against the five-day average, which may raise concerns about sustainability. Despite this, the stock remains liquid enough for trading, and its consistent growth in operating profits suggests a strong foundation that could support further price increases in the future.