Why is Team Lease Serv. falling/rising?

As of 25-Jul, Team Lease Services Ltd is currently priced at 1,927.30, reflecting a slight increase of 1.4 (0.07%). The stock has shown some positive momentum recently, gaining for the last two days and rising 0.38% in that period. Today, it opened with a significant gain of 6.44% and reached an intraday high of Rs 2049.95. However, despite this short-term performance, the stock has underperformed over the longer term, with a year-to-date decline of 34.41% and a one-year return of -41.54%. The company has a low debt-to-equity ratio and reported positive results in March 2025, including a high debtors turnover ratio and operating profit to net sales. Nevertheless, the stock is trading at a premium compared to its peers, and its profits have fallen slightly over the past year, which may contribute to investor caution.
In the broader market context, Team Lease Services Ltd has outperformed the sector by 1.01% today, but its recent performance contrasts sharply with the benchmark Sensex, which has gained 4.25% year-to-date. The stock's long-term performance has been poor, with significant underperformance relative to the BSE500 over the past three years, one year, and three months. Additionally, there has been a notable decline in investor participation, with delivery volume dropping significantly compared to the five-day average. This combination of short-term gains amidst a backdrop of long-term underperformance and reduced investor interest suggests that while there may be some positive short-term movements, the overall outlook remains cautious.