Why is Voltas falling/rising?

As of 04-Jul, Voltas Ltd. is currently priced at 1,363.25, reflecting a decrease of 6.65 points or 0.49%. The stock has recently underperformed its sector by 0.36% and has experienced a trend reversal, falling after four consecutive days of gains. Despite a positive performance over the past week (+4.33%) and month (+10.92%), the year-to-date return is notably negative at -23.83%. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. Additionally, there has been a decline in investor participation, with delivery volume dropping by 18.29% compared to the 5-day average. The company has shown strong financial performance, with positive results over the last four quarters, including a significant increase in profits, which may support its valuation despite the recent price decline.
In the broader market context, the Sensex has gained 3.01% over the past month, contrasting with Voltas' impressive monthly return, indicating that while the stock has performed well recently, it still lags behind in the year-to-date perspective. The stock's negative year-to-date return of -23.83% starkly contrasts with the Sensex's positive return of 6.77%. High institutional holdings at 55.17% suggest that knowledgeable investors are backing the stock, which could provide some stability. However, the overall market sentiment and recent price movement indicate that despite the company's strong fundamentals, the stock is currently facing downward pressure, likely influenced by reduced trading activity and a recent trend reversal.