Why is Sterlite Tech. falling/rising?

As of 09-Jul, Sterlite Technologies Ltd is currently priced at 110.75, reflecting a decrease of 0.95, or 0.85%. The stock has underperformed its sector today by 0.35%. In terms of returns, over the past week, the stock has declined by 1.12%, while it has shown a significant increase of 46.84% over the past month. Despite a positive operating profit to interest ratio and substantial growth in profit before tax and profit after tax compared to previous quarters, the stock's performance is tempered by a 9.9% decline in profits over the past year. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 56.75% against the five-day average, which may contribute to the stock's current downward movement.
In the broader market context, the Sensex has increased by 0.15% over the past week, indicating that the stock's recent decline is not reflective of the overall market trend. While Sterlite Technologies has seen an increase in institutional investor participation, with a 0.75% rise in stake over the previous quarter, the stock's performance over three years has lagged behind the benchmark, which has risen by 53.33%. This contrast suggests that while there are positive indicators for the company, such as fair valuation and institutional interest, the stock's recent price movement is influenced by declining investor engagement and underperformance relative to the market.