Why is 360 ONE falling/rising?

As of 06-Aug, 360 ONE WAM Ltd is experiencing a decline in its stock price, currently at 1,054.65, which reflects a decrease of 12.0 points or 1.13%. The stock has underperformed its sector by 0.87% today, and its delivery volume has significantly decreased by 41.96% compared to the 5-day average, indicating falling investor participation. While the stock has shown strong long-term fundamental strength with an average Return on Equity (ROE) of 18.36%, it has faced challenges in the short term, evidenced by a 15.25% drop over the past month and a year-to-date decline of 15.89%. However, it has generated a positive return of 6.06% over the last year and has consistently outperformed the BSE500 in the past three annual periods.
In the broader market context, the stock's performance over the past week shows a decline of 0.91%, which is slightly better than the benchmark Sensex's drop of 1.15%. Despite the recent struggles, the stock has demonstrated impressive returns over longer periods, including a 155.17% increase over the last three years and a 315.30% rise over the last five years. This long-term performance contrasts with its recent volatility, suggesting that while the stock is currently facing downward pressure, its historical strength may provide a foundation for recovery in the future.