why kpit fall today

KPIT Technologies' stock fell today primarily due to a notable decline in price caused by ongoing price pressure and underperformance relative to its sector. The stock experienced a drop of around 5.66% today, marking the third consecutive day of losses and trading below key moving averages. Factors contributing to this fall include a significant decrease in delivery volume, increasing open interest suggesting active market engagement amidst a bearish outlook, and technical bearish signals from multiple exponential moving averages. Overall, KPIT has underperformed the broader market and its sector over recent days, leading to today's notable decline in stock price.