Why is Authum Invest. falling/rising?

As of 21-Aug, Authum Investment & Infrastructure Ltd's stock price is currently at Rs 2,890.10, reflecting an increase of Rs 27.1 or 0.95%. The stock has shown resilience by gaining after two consecutive days of decline, and it has outperformed its sector by 0.94%. Additionally, the stock is close to its 52-week high, being only 4.61% away from Rs 3,023.25. Over the past year, the stock has generated impressive returns of 80.72%, significantly outperforming the benchmark Sensex, which has only increased by 1.35%. The company has strong long-term fundamentals, evidenced by a high average Return on Equity (ROE) of 34.81% and substantial growth in net sales and operating profit, which have grown at annual rates of 172.21% and 260.10%, respectively. Furthermore, institutional investors have increased their stake, indicating confidence in the company's prospects.
In the broader market context, while Authum's stock has seen a slight decline of 0.46% over the past week, the benchmark Sensex has risen by 1.74%, highlighting a divergence in performance. Despite this short-term underperformance, the stock's year-to-date return of 67.79% far exceeds the Sensex's 4.94%, showcasing its strong long-term growth potential. The stock's liquidity remains adequate for trading, although there has been a notable decline in investor participation, with delivery volume dropping significantly. This decline in participation could be a concern for future price movements, but the overall positive sentiment from institutional investors and the company's solid fundamentals suggest that the stock may continue to perform well in the long run.