Why is Voltas falling/rising?

As of 15-Jul, Voltas Ltd. is currently priced at 1,398.00, reflecting an increase of 21.5, or 1.56%. The stock has been gaining for the last four days, with a total return of 2.23% during this period. However, it has underperformed its sector by 0.56%. In terms of longer-term performance, the stock has shown a 1.90% increase over the past week, while it has risen 9.16% over the past month. Despite a year-to-date decline of 21.89%, the company has reported positive results for the last four consecutive quarters, with significant growth in net sales and profit before tax. The stock is trading at a discount compared to its peers, supported by high institutional holdings at 55.17%, indicating confidence from larger investors.
In the broader market context, while Voltas has outperformed the Sensex by 1.90% over the past week, it has lagged behind the benchmark with a year-to-date decline of 21.89% compared to the Sensex's gain of 5.67%. The air conditioning sector, in which Voltas operates, has seen a gain of 2.12%, suggesting a favorable environment for the industry. However, the falling investor participation, as indicated by a decrease in delivery volume, may pose a challenge to sustaining the stock's upward momentum. Overall, while the stock shows positive short-term trends, its longer-term performance remains under pressure relative to the broader market.