Why is LTI Mindtree falling/rising?

As of 31-Jul, LTI Mindtree Ltd's stock price is currently at 5,114.00, reflecting a decrease of 21.0 points or 0.41%. The stock has experienced a trend reversal, falling after two consecutive days of gains. It is currently performing inline with its sector, but the stock's delivery volume has significantly decreased by 44.27% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has declined by 1.71%, and it has also shown a negative performance of 3.96% over the past month. Despite these short-term declines, the company maintains strong long-term fundamentals, with a robust average return on equity of 24.46% and healthy growth in net sales and operating profit.
In the broader market context, LTI Mindtree's recent performance has been weaker compared to the benchmark Sensex, which has only declined by 1.22% over the same week. The stock's year-to-date performance shows a significant drop of 8.44%, contrasting with the Sensex's gain of 3.90%. While the company has high institutional holdings at 22.82%, which typically indicates confidence from more knowledgeable investors, the recent decline in stock price suggests that short-term sentiment may be influenced by reduced trading activity and a lack of momentum. Overall, while the company has strong fundamentals, the current market dynamics and investor behavior are contributing to the stock's downward movement.