Why is Sagility India falling/rising?

As of 01-Aug, Sagility India Ltd's stock price is currently at Rs 44.92, reflecting a decrease of Rs 1.73 or 3.71%. Today's price summary indicates that the stock has underperformed its sector by 3.2%, with an intraday low of Rs 44.6, marking a decline of 4.39%. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some underlying strength. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 403.86% against the 5-day average. The stock has shown positive returns over the past week and month, with increases of 2.11% and 9.11%, respectively, although it has a year-to-date decline of 10.98%.
In the broader market context, while Sagility India has outperformed the Sensex in the short term, the benchmark has experienced a decline of 1.06% over the past week and 3.70% over the past month. This indicates that the stock's recent performance is relatively strong compared to the market. The company has demonstrated robust long-term fundamentals, with a 48.84% compound annual growth rate in operating profits and positive results over the last three quarters. This strong financial performance, including a significant growth in net sales and operating cash flow, suggests that the stock may have potential for recovery despite its current decline.