Why is C D S L falling/rising?

As of 06-Aug, Central Depository Services (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,545.60, which reflects a decrease of Rs 20.6 or 1.32%. The stock has underperformed its sector by 1.06% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 1.7%. Additionally, the stock touched an intraday low of Rs 1,524.2, indicating volatility. Over the past week, the stock has shown a modest gain of 2.17%, but it has faced a significant drop of 12.31% over the past month. Despite these short-term challenges, the company maintains strong long-term fundamentals, with a solid average Return on Equity (ROE) of 26.52% and impressive growth rates in net sales and operating profit.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.13% over the past week. While CDSL has outperformed the benchmark over the long term, generating a 34.82% return in the last year compared to the Sensex's 2.42%, the current short-term trends indicate a struggle amidst falling investor participation, as evidenced by a 45.8% drop in delivery volume. The stock remains liquid enough for trading, but the recent erratic trading patterns and lower moving averages compared to some shorter-term averages suggest caution among investors.