Why is LTI Mindtree falling/rising?

As of 26-Aug, LTI Mindtree Ltd's stock price is currently at 5,150.00, reflecting a decrease of 148.6 points or 2.8%. Today's price summary indicates that the stock has underperformed its sector by 2.3%, with an intraday low of Rs 5145.9, marking a decline of 2.88%. In terms of performance over the past week, the stock has shown a slight increase of 0.63%, but it has underperformed over the year-to-date with a decline of 7.80%. Despite strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 24.46% and significant growth in net sales, the stock's recent movement reflects a decrease in investor participation, as evidenced by a 13.78% drop in delivery volume against the 5-day average.
Broader market context shows that while LTI Mindtree has experienced a slight positive return over the past week and month, it has lagged behind the benchmark Sensex, which has declined by 1.05% in the same week. The stock's year-to-date performance is notably worse than the Sensex's gain of 3.39%, indicating a challenging environment for the stock relative to the broader market. The high institutional holdings at 22.82% suggest that informed investors are backing the company, yet the recent decline in trading volume and the stock's position relative to its moving averages indicate a cautious sentiment among retail investors.