Why is Xchanging Sol. falling/rising?

As of 03-Jul, Xchanging Solutions Ltd is experiencing a slight increase in its stock price, currently at 99.65, with a change of 0.28 (0.28%) upwards. The stock has been gaining for the last two days, showing a total return of 0.96% during this period. Despite this recent uptick, the stock has a year-to-date decline of 10.83% and a one-year decline of 20.47%, indicating a challenging performance over the longer term. The company has reported positive operating profit growth of 16.63% and has declared positive results for the last two consecutive quarters, which may contribute to investor confidence. However, there is a noted decrease in investor participation, with delivery volume falling by 13.17% against the five-day average, which could temper the stock's upward momentum.
In the broader market context, Xchanging Solutions Ltd has outperformed the benchmark Sensex in the short term, with a one-week return of 2.10% compared to the Sensex's decline of 0.62%. While the stock is trading at a discount compared to its peers' average historical valuations, its performance over the past year remains concerning, especially given the significant profit increase of 261.9% juxtaposed with the stock's price decline. This disparity, along with a low debt-to-equity ratio and a favorable PEG ratio of 0.1, suggests that while the company has strong fundamentals, market sentiment may still be cautious, impacting the stock's overall performance.