Why is 360 ONE falling/rising?

As of 11-Sep, 360 ONE WAM Ltd's stock price is currently at Rs 1,057.50, reflecting a decrease of Rs 22.7 or 2.1%. The stock has underperformed its sector today by 1.99%, following a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 1,054.85, which is a decline of 2.35%. Despite this drop, the stock has shown positive returns over the past week and month, with increases of 2.77% and 1.52%, respectively. However, it has struggled year-to-date with a decline of 15.66%. The stock's long-term fundamentals remain strong, evidenced by an average Return on Equity (ROE) of 18.36%, which suggests potential for recovery despite current price pressures. In the broader market context, the Sensex has increased by 1.03% over the past week and 1.17% over the past month, indicating a generally positive market environment. However, 360 ONE's year-to-date performance significantly lags behind the benchmark, which has gained 4.36% during the same period. This underperformance may contribute to investor sentiment affecting the stock negatively, despite rising investor participation, as indicated by a 57.2% increase in delivery volume. The stock's liquidity remains adequate for trading, but its current price movement reflects a struggle to maintain momentum against a backdrop of stronger market performance.