Why is Authum Invest. falling/rising?

As of 31-Jul, Authum Investment & Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 2,767.90, which represents a decrease of Rs 70.1 or 2.47%. Today's price summary indicates that the stock opened with a loss of 3.02% and reached an intraday low of Rs 2,750, reflecting a trend reversal after two consecutive days of gains. Additionally, the stock has underperformed its sector by 1.93% today, and there has been a significant drop in investor participation, with delivery volume falling by 94.89% against the 5-day average. Despite this recent decline, the stock has shown strong long-term performance, with a remarkable 168.26% return over the past year and a 60.69% increase year-to-date, indicating robust fundamental strength.
In the broader market context, the stock's short-term performance has slightly lagged behind the benchmark, with a 1-week return of -1.32% compared to the Sensex's -1.22%. However, over the longer term, Authum has significantly outperformed the benchmark, with a 3-year return of 1,818.82% versus the Sensex's 41.02%. The recent decline may be attributed to profit-taking after a strong rally, as well as a decrease in trading volume, which suggests reduced investor interest. Nonetheless, the increasing participation of institutional investors, who have raised their stake by 0.59%, reflects confidence in the company's fundamentals, which could support the stock's recovery in the future.