Why is Voltas falling/rising?

As of 24-Jul, Voltas Ltd. is currently priced at 1,345.00, reflecting a decrease of 22.4 points or 1.64%. The stock has underperformed its sector by 1.13% today, and its delivery volume has significantly dropped by 71.36% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has decreased by 3.23%, while it has shown a modest increase of 3.07% over the past month. Despite a negative year-to-date return of 24.85%, the company has reported positive results in the last four quarters, with a notable growth in profits and a low debt-to-equity ratio, suggesting a fair valuation compared to peers. However, the stock's recent performance is hindered by lower short-term moving averages and declining trading volumes.
In the broader market context, the Sensex has remained relatively stable with a slight decline of 0.09% over the past week, contrasting with Voltas' more significant drop. While the stock has underperformed in the short term, it has outperformed the benchmark over the longer term, with a 34.24% increase over three years compared to the Sensex's 46.57%. The high institutional holdings at 54.53% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the overall market sentiment and the stock's recent underperformance may be contributing to its current decline.