Why is Team Lease Serv. falling/rising?

As of 08-Aug, Team Lease Services Ltd is experiencing a decline in its stock price, currently at 1,728.85, reflecting a decrease of 11.15 points or 0.64%. The stock has been on a downward trend, having lost 6.73% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased significantly, with delivery volume dropping by 56.66% compared to the 5-day average. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 41.17% and a one-year decline of 43.68%, indicating ongoing challenges for the company.
In the broader market context, Team Lease Services Ltd's performance has been notably worse than the benchmark Sensex, which has gained 2.20% year-to-date while the stock has plummeted. Over the past week, the stock has fallen by 5.49%, compared to a smaller decline of 0.92% in the Sensex. This stark contrast suggests that the stock is underperforming relative to the market, which may be contributing to negative investor sentiment and further exacerbating its price decline.