Why is LTI Mindtree falling/rising?

As of 25-Jul, LTI Mindtree Ltd's stock is currently priced at 5,101.15, reflecting a decrease of 102.05 points or 1.96%. The stock has been underperforming, having fallen for the last two days with a total decline of 3.72%. It has also touched an intraday low of Rs 5,072.05, indicating a significant drop of 2.52% during the trading session. Over the past week, the stock has decreased by 0.47%, and its year-to-date performance shows a decline of 8.67%, contrasting sharply with the Sensex, which has gained 4.25% in the same period. Despite strong long-term fundamentals, including a robust average Return on Equity (ROE) of 24.46% and healthy growth in net sales, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 31.04% drop in delivery volume compared to the five-day average.
In the broader market context, LTI Mindtree's short-term performance has lagged behind the benchmark Sensex, which has seen a slight decline of 0.36% over the past week. This underperformance is compounded by the stock's recent consecutive falls and its current positioning below several moving averages, indicating a bearish trend. While the company boasts high institutional holdings at 22.82%, suggesting confidence from more knowledgeable investors, the overall market sentiment and recent trading activity have not favored the stock, leading to its current downward trajectory.