Why is Sagility India falling/rising?

As of 11-Sep, Sagility India Ltd's stock price is currently at 44.72, reflecting an increase of 0.44 or 0.99%. The stock has shown a positive trend, gaining for the last three consecutive days and achieving a total return of 6.43% during this period. It is also outperforming its sector by 0.73%. Furthermore, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. The company has demonstrated robust financial performance, with operating profits growing at a compound annual growth rate (CAGR) of 48.84%, and has reported positive results for the last three consecutive quarters, contributing to investor confidence.
In the broader market context, Sagility India has outperformed the benchmark Sensex over the past week, with a return of 2.43% compared to the Sensex's 1.03%. However, it has underperformed on a year-to-date basis, with a decline of 11.38% against the Sensex's gain of 4.36%. The recent increase in delivery volume, which rose by 29.9% against the 5-day average, suggests rising investor participation, further supporting the stock's upward movement. Overall, while the stock has faced challenges in the longer term, its recent performance and strong fundamentals are contributing to its current rise.