Why is LTI Mindtree falling/rising?

As of 05-Aug, LTI Mindtree Ltd is experiencing a price increase, currently at 5,148.00, reflecting a rise of 59.75 or 1.17%. The stock has shown positive performance today, outperforming its sector by 1.57%, and has gained consecutively over the last two days with a total return of 2.6% during this period. However, it is important to note that while the stock has outperformed the sector recently, its one-month return is down by 3.00%, and year-to-date it has decreased by 7.83%. The company maintains strong long-term fundamentals, evidenced by a robust average Return on Equity (ROE) of 24.46%, significant growth in net sales, and a low debt-to-equity ratio. Additionally, high institutional holdings at 22.82% suggest confidence from knowledgeable investors, which may support the stock's recent upward movement.
In the broader market context, LTI Mindtree's short-term performance of +1.87% over the past week contrasts with the Sensex, which has declined by 0.77%. This indicates that the stock is performing well relative to the overall market. Despite the recent gains, the stock's year-to-date performance remains negative, which may reflect broader market challenges. The declining delivery volume, down by 30.92% against the five-day average, could indicate reduced investor participation, which may pose a risk to sustaining the current price momentum. Overall, while there are positive indicators supporting the stock's rise, the mixed performance against benchmarks and declining participation suggest a cautious outlook.