Why is Anand Rathi Wea. falling/rising?

As of 25-Aug, Anand Rathi Wealth Ltd is experiencing a decline in its stock price, currently at 2,790.00, reflecting a decrease of 14.45 points or 0.52%. The stock has underperformed its sector by 0.33% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 0.71% during this period. Despite this short-term drop, the stock has shown strong performance over the past month, with a return of 7.20%, and impressive long-term growth, boasting a 41.27% increase year-to-date and a remarkable 758.00% rise over the last three years. However, the recent fall in delivery volume by 55.34% against the five-day average indicates a reduction in investor participation, which may be contributing to the current price decline. Additionally, while the company has demonstrated strong fundamentals, including a high return on equity and consistent profit growth, concerns over high valuation and decreasing promoter confidence, with a 4.57% reduction in their stake, may be weighing on investor sentiment.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -0.29% compared to the Sensex's gain of 0.45%. This underperformance in the short term, coupled with the broader market's positive movement, suggests that investor sentiment towards Anand Rathi Wealth Ltd may be influenced by specific concerns regarding its valuation and promoter confidence rather than overall market trends. The stock's strong long-term performance contrasts with its recent struggles, indicating that while the fundamentals remain solid, market perceptions and investor behavior are currently affecting its price trajectory.