Why is LTI Mindtree falling/rising?

As of 29-Aug, LTI Mindtree Ltd's stock price is currently at 5,131.65, reflecting an increase of 6.65 or 0.13%. The stock has shown a trend reversal by gaining after two consecutive days of decline. It outperformed its sector by 0.81% today, and there has been a notable increase in investor participation, with delivery volume rising by 47.17% compared to the five-day average. Despite a year-to-date decline of 8.13% and a one-year drop of 16.42%, the company maintains strong long-term fundamentals, evidenced by a healthy average return on equity of 24.46%, significant growth in net sales, and a low debt-to-equity ratio.
In the broader market context, LTI Mindtree's short-term performance over the past week shows a decline of 1.69%, which is slightly better than the benchmark Sensex's decline of 1.84%. This indicates that while the stock has faced challenges, it has been more resilient than the overall market in the short term. The company's high institutional holdings at 22.82% suggest confidence from knowledgeable investors, which may contribute to its recent price stability amidst broader market fluctuations.