Why is LTI Mindtree falling/rising?

As of 09-Sep, LTI Mindtree Ltd's stock price is currently at Rs 5,193.00, reflecting an increase of Rs 98.5 or 1.93%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and reached an intraday high of Rs 5,209.65. Despite this positive movement today, the stock has a mixed performance over various periods, with a 1-week decline of 1.11% and a year-to-date drop of 7.03%. However, the company demonstrates strong long-term fundamentals, including a healthy growth rate in net sales and operating profit, alongside a low debt-to-equity ratio. Additionally, high institutional holdings suggest confidence in the company's fundamentals.
In the broader market context, the stock's recent performance is somewhat aligned with the IT sector, which has gained by 2.12%. However, LTI Mindtree's short-term performance has lagged behind the benchmark Sensex, which has risen by 1.18% over the past week. The falling investor participation, indicated by a significant drop in delivery volume, may also be a concern, as it suggests reduced interest from retail investors. Overall, while the stock is experiencing a short-term rise, its longer-term performance remains under pressure compared to the market benchmark.