Why is KPIT Technologi. falling/rising?

As of 08-Jul, KPIT Technologies Ltd is experiencing a slight increase in its stock price, currently at 1,271.35, with a change of 2.2 (0.17%) upward. The stock has been gaining for the last four days, showing a total return of 2.45% during this period. However, despite this recent uptick, the stock has a mixed performance over different time frames, with a 1-week return of +1.96% compared to a -3.47% decline over the past month and a significant -24.64% drop over the past year. The stock is currently trading above its 5-day moving averages but below its longer-term averages, indicating some short-term strength but overall weakness in the longer term. Additionally, there has been a decline in investor participation, with delivery volume falling by 28.37% against the 5-day average.
In the broader market context, the Sensex has shown a modest increase of 0.02% over the past week, which contrasts with KPIT's stronger 1-week performance. This suggests that the stock's recent gains may be driven more by company-specific factors rather than overall market trends. The company has demonstrated strong long-term fundamentals, with an average return on equity of 22.47% and consistent positive results over the last 17 quarters, which may contribute to investor confidence. Furthermore, the stock is trading at a discount compared to its peers, and institutional holdings have increased, indicating a positive outlook from more sophisticated investors. However, the significant decline in stock price over the past year, despite rising profits, highlights a disconnect that could be affecting market sentiment.