Why is Team Lease Serv. falling/rising?

As of 20-Jun, Team Lease Services Ltd is experiencing a decline in its stock price, currently at 1,954.55, which reflects a decrease of 32.75 points or 1.65%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.12% during this period. It opened the day with a loss of 2.38% and reached an intraday low of Rs 1,936.4. Additionally, the stock's performance over the past week shows a decline of 0.88%, while its year-to-date performance is down by 33.49%. Despite some positive financial indicators, such as a low debt-to-equity ratio and high institutional holdings, the stock's recent movement is negatively impacted by falling investor participation and lower trading volumes.
Broader market context indicates that while Team Lease Services Ltd has struggled, the benchmark Sensex has shown a positive return of 1.59% over the past week. This stark contrast highlights the stock's underperformance relative to the broader market. The stock's year-to-date decline of 33.49% is significantly worse than the Sensex's gain of 5.46%, further emphasizing the challenges faced by Team Lease Services Ltd in attracting investor confidence amidst a generally favorable market environment.