Why is LTI Mindtree falling/rising?

As of 18-Aug, LTI Mindtree Ltd's stock price is currently at 5,098.70, reflecting a decrease of 9.05 points or 0.18%. The stock has shown mixed performance recently, with a 1-week return of +0.94%, outperforming the Sensex's +0.83%. However, over the past month, it has declined by 0.51%, while the Sensex has decreased by 0.59%. The stock is currently higher than its 5-day and 100-day moving averages but lower than its 20-day, 50-day, and 200-day moving averages. Despite this recent decline, the company demonstrates strong long-term fundamentals, with an average Return on Equity (ROE) of 24.46%, and healthy growth in net sales and operating profit. Additionally, high institutional holdings at 22.82% suggest confidence from knowledgeable investors.
Broader Market Context: In the context of the broader market, LTI Mindtree's year-to-date performance shows a decline of 8.72%, contrasting sharply with the Sensex's gain of 4.01%. This underperformance over a longer time frame, particularly the 1-year return of -8.32% compared to the Sensex's +1.04%, indicates that while the stock has some positive short-term movements, it is struggling to keep pace with the overall market. The rising investor participation, as evidenced by a significant increase in delivery volume, may suggest a potential for recovery, but the stock's overall trajectory remains challenged in the current market environment.