Why is Aditya AMC falling/rising?

As of 04-Jul, Aditya Birla Sun Life AMC Ltd is experiencing a decline in its stock price, currently at Rs 803.50, which represents a decrease of Rs 14.45 or 1.77%. Today's price summary indicates that the stock has underperformed its sector by 1.9%, with an intraday low of Rs 800.15, reflecting a drop of 2.18%. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend over a longer period. Over the past year, the stock has generated a return of 22.76%, significantly outperforming the BSE500 index in the last three years, one year, and three months. The company also shows strong long-term fundamental strength with an average Return on Equity (ROE) of 25.98%, which supports its valuation.
In the broader market context, the stock has shown a positive return of 5.05% over the past week, while the Sensex has declined by 0.74%, indicating that Aditya AMC has been performing well relative to the benchmark in the short term. However, the year-to-date performance shows a decline of 3.77% for the stock compared to a gain of 6.77% for the Sensex, highlighting a contrast in performance over a longer timeframe. The increase in investor participation, with a delivery volume rise of 47.81% against the 5-day average, suggests that there is still interest in the stock despite its recent price drop. Overall, while the stock is facing short-term challenges, its long-term fundamentals and historical performance remain strong.