Why is Team Lease Serv. falling/rising?

As of 14-Aug, Team Lease Services Ltd is experiencing a slight increase in its stock price, currently at Rs 1,700.00, reflecting a change of 4.5 (0.27%) upward. Despite this minor gain, the stock has shown a significant decline over the past month, with a return of -12.82%, and a staggering -44.85% over the last year. The stock is currently trading 3.44% away from its 52-week low and has recently reversed a trend of six consecutive days of decline. However, it is trading below all key moving averages, indicating a bearish trend. The company has a low debt-to-equity ratio and a reasonable price-to-book value, but its long-term growth prospects are hindered by a modest operating profit growth rate of 7.02% over the past five years, and a concerning reliance on non-operating income.
In the broader market context, Team Lease Services Ltd's performance has been notably worse than the benchmark, with a -2.30% return over the past week compared to a negligible -0.03% decline in the Sensex. This underperformance is further highlighted by the stock's significant negative returns over one year and three years, contrasting sharply with the Sensex's positive returns during the same periods. The stock's recent uptick may be attributed to high institutional holdings, which could indicate some confidence in the company's fundamentals, but the overall sentiment remains cautious due to its poor long-term growth and flat recent financial results.