Why is Sagility India falling/rising?

As of 19-Sep, Sagility India Ltd's stock price is currently at 46.45, reflecting a slight decrease of 0.03, or 0.06%. Despite this minor decline, the stock has shown a positive trend over the past week, with a return of 4.52%, outperforming the Sensex, which gained 0.88%. The stock has recently experienced a trend reversal after three consecutive days of gains. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive momentum. The company has demonstrated strong long-term fundamental strength, with operating profits growing at a compound annual growth rate (CAGR) of 48.84%. Furthermore, it has reported positive results for the last three consecutive quarters, with a significant increase in net sales and operating cash flow.
In the broader market context, Sagility India’s year-to-date performance shows a decline of 7.95%, contrasting with the Sensex's gain of 5.74%, indicating that the stock has underperformed relative to the benchmark over a longer period. However, the recent increase in investor participation, evidenced by an 87.25% rise in delivery volume, suggests growing interest in the stock, which may help stabilize its price. While the stock has faced short-term fluctuations, the strong fundamentals and positive quarterly results could support a recovery in the future, despite the current minor decline.