Why is KPIT Technologi. falling/rising?

As of 30-Jun, KPIT Technologies Ltd is experiencing a decline in its stock price, currently at 1,258.85, which reflects a decrease of 8.4 points or 0.66%. The stock has underperformed its sector by 0.92% today and has been on a consecutive downward trend for the last six days, resulting in a total decline of 9.76% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a 1-week return of -9.49%, a 1-month return of -5.80%, and a year-to-date return of -14.20%. Despite strong long-term fundamentals, including a healthy growth in net sales and operating profit, the stock's recent performance is hindered by lower trading volumes and it is currently trading below all key moving averages.
In the broader market context, while KPIT Technologies has struggled, the benchmark Sensex has shown positive returns, with a 1-week increase of 2.09% and a 1-month increase of 2.65%. This stark contrast highlights the stock's recent challenges against a backdrop of a rising market. The company's strong fundamentals, such as a high return on equity and consistent profit growth, suggest that the stock may be undervalued compared to its peers. However, the falling investor participation and liquidity issues may be contributing to the stock's current downward trajectory, indicating that despite its positive long-term outlook, short-term market dynamics are negatively impacting its price.