Why is KPIT Technologi. falling/rising?

As of 25-Jun, KPIT Technologies Ltd is experiencing a decline in its stock price, currently at 1,295.70, reflecting a decrease of 9.95 points or 0.76%. The stock has underperformed its sector by 2.34% today and has been on a downward trend for the last three days, accumulating a total loss of 7.12% during this period. Additionally, the stock's performance over the past week shows a significant decline of 8.64%, while its year-to-date performance is down by 11.69%. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 22.47% and consistent net sales growth. The company has also reported positive results for the last 17 consecutive quarters, indicating robust operational performance.
In the broader market context, KPIT Technologies' recent performance contrasts sharply with the Sensex, which has gained 1.61% over the past week and 5.91% year-to-date. This divergence highlights the stock's struggles relative to the overall market. While the company has high institutional holdings at 38.47%, which suggests confidence from knowledgeable investors, the stock's current liquidity and moving averages indicate a bearish sentiment. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further emphasizing its recent underperformance compared to the benchmark.