Why is 360 ONE falling/rising?

As of 31-Jul, 360 ONE WAM Ltd is experiencing a decline in its stock price, currently at 1,052.40, reflecting a decrease of 11.9 points or 1.12%. The stock has underperformed its sector by 0.58% today and opened with a loss of 2.14%. It reached an intraday low of Rs 1032, which is a drop of 3.03%. Over the past week, the stock has decreased by 6.78%, and over the past month, it has fallen by 10.62%. Despite having strong long-term fundamental strength with an average Return on Equity (ROE) of 18.36%, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 21.91% drop in delivery volume compared to the 5-day average.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 1.22% over the past week. While the Sensex has shown a year-to-date increase of 3.90%, 360 ONE's year-to-date return is down by 16.07%. This stark contrast highlights the stock's struggles in the current market environment, despite its strong long-term fundamentals. The stock's moving averages indicate a mixed trend, being higher than the 100-day moving average but lower than the shorter-term averages, suggesting volatility and uncertainty in investor sentiment.