Why is LTI Mindtree falling/rising?

As of 05-Sep, LTI Mindtree Ltd is experiencing a decline in its stock price, currently at Rs 5,180.00, which reflects a decrease of Rs 16.0 or 0.31%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 1.36% during this period. Today's performance indicates that it has outperformed its sector by 0.9%, but it also reached an intraday low of Rs 5,069.55, showing a significant drop of 2.43%. Over the past week, the stock has gained 0.94%, but its year-to-date performance shows a notable decline of 7.26%. Despite strong long-term fundamentals, including a high average Return on Equity (ROE) of 24.46% and impressive growth in net sales and operating profit, the stock's recent movement is affected by falling investor participation, with delivery volume decreasing by 65.42% compared to the five-day average.
In the broader market context, LTI Mindtree's short-term return of 0.94% over the past week is slightly lower than the benchmark Sensex, which has increased by 1.13% during the same period. While the stock has shown strong long-term growth potential and high institutional holdings at 22.82%, the recent decline in price and investor participation may reflect broader market sentiments or specific concerns affecting investor confidence. The stock's performance over the last year has also been underwhelming, with a decline of 15.82% compared to a slight drop of 1.81% in the Sensex, indicating that while the company has solid fundamentals, it is currently facing challenges in the market that are impacting its stock price negatively.