Why is Aditya AMC falling/rising?

As of 08-Aug, Aditya Birla Sun Life AMC Ltd's stock price is currently at 846.80, reflecting a decline of 9.35 points or 1.09%. Today's performance indicates that the stock has underperformed its sector by 0.38%. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 37.25% compared to the 5-day average. Despite this, the company has shown strong long-term fundamentals, with a return on equity of 25.98% and impressive quarterly results, including the highest net sales and profit after tax recorded.
In terms of broader market context, the stock has outperformed the benchmark Sensex over various periods, including a 1-week return of 1.39% compared to the benchmark's decline of 0.92%, and a 1-month return of 3.77% against the Sensex's drop of 4.60%. However, the recent decline in price may reflect a temporary market reaction rather than a fundamental weakness, as the stock has consistently generated positive returns over the past year and three years, outperforming the BSE500. The liquidity remains adequate for trading, indicating that while the stock is facing short-term pressure, its long-term outlook remains strong.