Why is KPIT Technologi. falling/rising?

As of 04-Jul, KPIT Technologies Ltd is currently priced at 1,264.00, reflecting a slight increase of 1.5 (0.12%). The stock has been gaining for the last two days, with a total return of 1.86% during this period. However, it has underperformed its sector by 0.59% today. In terms of longer-term performance, the stock has seen a decline of 4.15% over the past month and a significant drop of 27.40% over the past year, despite reporting strong financial results, including a 41.50% increase in operating profit and a healthy return on equity (ROE) of 22.47%. The stock is trading at a discount compared to its peers, and institutional holdings have increased, indicating confidence in the company's fundamentals.
In the broader market context, the stock's short-term performance has been better than the benchmark Sensex, which has declined by 0.74% over the past week. Despite the recent gains, KPIT Technologies has faced challenges, including falling investor participation, as evidenced by a 43.49% drop in delivery volume compared to the five-day average. This suggests that while the stock has shown some positive movement recently, the overall trend remains concerning, particularly given its significant underperformance year-to-date compared to the benchmark's 6.77% gain.