Why is 360 ONE falling/rising?

As of 30-Jul, 360 ONE WAM Ltd's stock price is currently at 1,064.30, reflecting a slight increase of 0.3 (0.03%). The stock has shown a trend reversal by gaining after three consecutive days of decline. However, it has experienced a significant drop of 10.51% over the past month and a year-to-date decline of 15.12%. The stock's delivery volume has fallen dramatically by 91.31% compared to the 5-day average, indicating reduced investor participation. Despite these challenges, the company maintains strong long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 18.36%, which supports the notion of holding the stock for potential recovery.
In the broader market context, the stock's performance over the past week has been notably worse than the benchmark Sensex, with a decline of 5.43% compared to the benchmark's drop of only 1.50%. This underperformance is further highlighted by the stock's year-to-date performance, which contrasts sharply with the Sensex's gain of 4.28%. While the stock has outperformed the benchmark over longer periods, such as the 3-year and 5-year returns, its recent short-term struggles suggest a need for cautious observation in light of the broader market trends.