Why is KPIT Technologi. falling/rising?

As of 26-Jun, KPIT Technologies Ltd is experiencing a decline in its stock price, currently at 1,275.70, reflecting a decrease of 20.0 points or 1.54%. The stock has underperformed its sector by 1.48% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 8.55% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite the company declaring positive results for the last 17 consecutive quarters and demonstrating strong long-term fundamentals, including a healthy growth rate in net sales and operating profit, the stock has generated a return of -19.86% over the past year, which contrasts with its rising profits of 41.2%.
In the broader market context, the Sensex has shown a positive return of 2.94% over the past week, while KPIT Technologies has declined by 8.34% in the same timeframe, highlighting a significant underperformance relative to the benchmark. This divergence suggests that while the overall market is experiencing growth, KPIT Technologies is facing challenges that are impacting investor sentiment. The falling investor participation, as indicated by a decrease in delivery volume, and the stock's liquidity, which remains adequate for trading, further contribute to the negative sentiment surrounding the stock. Despite high institutional holdings and a fair valuation compared to peers, the recent performance metrics indicate that the stock is struggling to attract investor confidence in the short term.