Why is Authum Invest. falling/rising?

As of 11-Jul, Authum Investment & Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 2,642.85, reflecting a decrease of Rs 24.15 or 0.91%. The stock has been losing value for the last two days, with a total drop of 2.07% during this period. Despite this recent downturn, the stock remains close to its 52-week high, just 3.72% away from Rs 2,741.25. Notably, the stock has shown strong performance over longer periods, with a year-to-date increase of 53.43% and a remarkable 133.48% rise over the past year. The company has demonstrated solid long-term fundamentals, with a high return on equity (ROE) of 34.81% and significant growth in net sales and operating profit, which may support its valuation despite the recent price drop.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 3.23% over the past week while the Sensex has declined by 1.12%. This indicates that Authum Investment is outperforming the market in the short term, despite its recent price decline. The increase in investor participation, with a notable rise in delivery volume, suggests ongoing interest in the stock, which may help stabilize its price. Overall, while the stock is currently facing a slight decline, its strong historical performance and solid fundamentals position it favorably compared to the broader market trends.