Why is 360 ONE falling/rising?

As of 04-Sep, 360 ONE WAM Ltd's stock price is currently at 1,029.00, reflecting a decrease of 8.15, or 0.79%. The stock has underperformed its sector today by 1.2%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decline in investor participation, with delivery volume falling by 7.25% compared to the 5-day average. Over the past year, the stock has experienced a decline of 5.31%, while year-to-date, it has dropped significantly by 17.93%. Despite these challenges, the company maintains strong long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 18.36%, which suggests potential for recovery in the future.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.80% over the past week and 3.30% year-to-date. This underperformance relative to the benchmark indicates a lack of investor confidence in 360 ONE WAM Ltd compared to the overall market. While the stock has shown impressive growth over the longer term, with a 314.23% increase over five years, its recent trends suggest that investors are currently cautious, leading to the observed decline in price.