Why is KPIT Technologi. falling/rising?

As of 20-Aug, KPIT Technologies Ltd is currently priced at 1,214.40, reflecting an increase of 14.95, or 1.25%. Today's price summary indicates that the stock has gained after four consecutive days of decline, although it underperformed its sector by 1.18%. In terms of returns, the stock has seen a decrease of 0.14% over the past week and a significant drop of 17.23% year-to-date, while it has outperformed the benchmark over the last three and five years. The company exhibits strong long-term fundamental strength, with a healthy average return on equity of 22.47% and a low debt-to-equity ratio, but it has faced challenges such as a flat performance in its latest quarterly results and a substantial decline in its stock price over the past year.
Broader market context shows that while the Sensex has gained 1.64% over the past week and 4.76% year-to-date, KPIT Technologies has significantly underperformed with a year-over-year return of -33.57%. This stark contrast highlights the stock's struggles despite its strong fundamentals and high institutional holdings of 37.86%. The recent increase in stock price may be a reaction to the overall positive movement in the IT sector, which has gained 2.37%, but the falling investor participation and liquidity issues suggest caution among investors.