Why is Aditya AMC falling/rising?

As of 02-Jul, Aditya Birla Sun Life AMC Ltd is currently priced at 792.05, reflecting a decrease of 2.1, or 0.26%. The stock has been experiencing a decline, having fallen for the last two days with a total return of -0.99% during this period. Despite this recent downturn, the stock has shown strong performance over the past year, generating a return of 21.22%, and has outperformed the BSE500 index over the last three years, one year, and three months. However, there has been a notable decrease in investor participation, with delivery volume dropping by 11.06% compared to the five-day average, which may contribute to the stock's current price movement.
In the broader market context, Aditya AMC's short-term performance of +1.55% over the past week has outpaced the Sensex, which gained only 0.79% during the same period. This indicates that while the stock is facing a slight decline today, it has been performing relatively well compared to the benchmark in the short term. The stock's strong long-term fundamentals, characterized by an average return on equity of 25.98%, suggest that it remains a hold for investors despite the recent price drop, as it continues to exhibit market-beating performance in both the near and long term.