Why is LTI Mindtree falling/rising?

As of 04-Aug, LTI Mindtree Ltd's stock price is currently at 5,088.25, reflecting an increase of 70.75, or 1.41%. The stock has experienced a trend reversal, gaining after two consecutive days of decline. It is currently performing inline with its sector, and the delivery volume has significantly increased by 60.19% compared to the 5-day average, indicating rising investor participation. Despite a year-to-date decline of 8.90%, the company shows strong long-term fundamentals with a robust average Return on Equity (ROE) of 24.46%, and impressive growth in net sales and operating profit. Additionally, high institutional holdings at 22.82% suggest confidence from knowledgeable investors.
In the broader market context, LTI Mindtree's short-term performance over the past week has outpaced the benchmark Sensex, which has only increased by 0.16%, while the stock rose by 0.85%. However, over the longer term, the stock has underperformed compared to the benchmark, with a year-to-date decline of 8.90% against the Sensex's gain of 3.69%. This contrast highlights the stock's recent recovery amidst a challenging longer-term performance, suggesting that while the stock is currently rising, it still faces significant hurdles in regaining its previous momentum relative to the broader market.