Why is KPIT Technologi. falling/rising?

As of 10-Jul, KPIT Technologies Ltd is currently priced at 1,255.00, reflecting a decrease of 4.35 or 0.35%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days with a total decline of 1.29%. In the past week, the stock has underperformed the sector by 0.28% and has shown a significant decline of 8.37% over the past month. 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 strong long-term fundamentals, including a healthy return on equity and consistent positive quarterly results, the stock's recent performance has been negatively impacted by a substantial drop in delivery volume, which fell by 62.99% against the 5-day average.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.06% over the past week. Year-to-date, KPIT Technologies has seen a significant drop of 14.46%, while the Sensex has gained 6.46%. This stark contrast highlights the challenges faced by KPIT Technologies despite its strong institutional backing and positive long-term growth indicators. The high institutional holdings at 38.47% suggest that knowledgeable investors are still confident in the company's fundamentals, but the recent price movements reflect a lack of retail investor participation and market sentiment that may be weighing on the stock's performance.