Why is C D S L falling/rising?

As of 12-Jun, Central Depository Services (India) Ltd is experiencing a decline in its stock price, currently at 1,644.20, which reflects a decrease of 95.2 points or 5.47%. The stock has underperformed its sector by 4.01% today, despite having a higher performance relative to longer-term moving averages. In the past week, the stock has dropped by 7.57%, although it has shown a strong performance over the last month with a gain of 28.55%. The stock's long-term fundamentals remain strong, evidenced by an average Return on Equity (ROE) of 26.52% and significant growth in net sales and operating profit. Additionally, high institutional holdings at 26.75% suggest confidence from more knowledgeable investors, which may support the stock's long-term outlook despite its recent price drop.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 0.55% over the past week. This indicates that the stock's decline is not reflective of the overall market trend. The year-to-date performance shows a decline of 6.51% for the stock compared to a 5.26% increase in the benchmark, further highlighting its underperformance. However, the stock has outperformed the BSE 500 over the last year and three years, suggesting that while it is facing short-term challenges, its long-term trajectory remains positive.