Why is Abans Financial falling/rising?

As of 13-Jun, Abans Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 238.25, which reflects a decrease of Rs 14.9 or 5.89%. Today's price summary indicates that the stock has underperformed its sector by 6.69% and opened with a significant loss of 5.17%. After five consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs 233.85, which is a drop of 7.62%. Despite this short-term decline, the stock has shown positive returns over the past week and month, with increases of 8.91% and 16.42%, respectively. However, it has a year-to-date decline of 10.20% and a substantial drop of 44.20% over the past year. The company has demonstrated strong long-term fundamentals, with a 27.88% CAGR growth in operating profits and a healthy net sales growth of 72.50%, which may support its valuation despite the recent price drop.
In the broader market context, while Abans Financial has faced a short-term decline, it has outperformed the Sensex over the past week and month, where the benchmark has seen a decrease of 1.30% and a flat performance, respectively. The recent drop in stock price may be influenced by profit-taking after a period of gains, as well as the stock's current position relative to its moving averages, which indicate it is lower than the 200-day moving average but higher than the shorter-term averages. Additionally, the increasing participation by institutional investors, who have raised their stake by 2.25%, suggests a level of confidence in the company's fundamentals, which could provide some support for the stock moving forward.