Why is Sagility India falling/rising?

As of 03-Sep, Sagility India Ltd's stock price is currently at 44.49, reflecting a decrease of 0.3, or 0.67%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.29%. In terms of performance, the stock has underperformed its sector by 0.81% today and has shown a negative return of 2.90% over the past week. Despite this, the company has demonstrated strong long-term fundamental strength, with a remarkable 48.84% compound annual growth rate in operating profits. Positive results over the last three quarters, including a significant growth in profit after tax and net sales, indicate a healthy operational performance, which may support the stock in the long run.
Broader market context shows that Sagility India Ltd has underperformed compared to the Sensex, which has only declined by 0.27% over the past week. The stock's year-to-date performance is notably poor, with a decline of 11.83%, contrasting sharply with the Sensex's gain of 3.11%. The rising investor participation, indicated by a 32.16% increase in delivery volume, suggests some interest in the stock despite its recent price decline. However, the stock's performance relative to its moving averages indicates mixed signals, being above the longer-term averages but below the shorter-term ones, which may reflect uncertainty among investors in the current market environment.