Why is 360 ONE falling/rising?

As of 08-Aug, 360 ONE WAM Ltd's stock price is currently at 1,045.10, reflecting a decrease of 18.35, or 1.73%. The stock has underperformed its sector by 1.02% today, with an intraday low of Rs 1,039.45, marking a decline of 2.26%. Over the past week, the stock has seen a slight decrease of 0.60%, while its performance over the last month shows a significant drop of 14.50%. Despite generating a positive return of 1.86% over the past year and outperforming the BSE500 in the last three annual periods, the stock's year-to-date performance is down by 16.65%. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages, indicating mixed momentum. Additionally, there has been a decline in investor participation, with delivery volume decreasing by 8.89% against the 5-day average.
In the broader market context, the Sensex has experienced a decline of 0.92% over the past week and a smaller drop of 4.60% over the last month, suggesting that the market is facing some headwinds. While 360 ONE WAM Ltd has shown strong long-term fundamental strength with an average Return on Equity (ROE) of 18.36%, the recent underperformance in both short-term and year-to-date returns compared to the benchmark indicates that investors may be cautious. The liquidity of the stock remains adequate for trading, but the falling delivery volume suggests a potential decrease in investor interest, contributing to the stock's recent downward movement.