Why is C D S L falling/rising?

As of 26-Aug, Central Depository Services (India) Ltd is experiencing a decline in its stock price, currently at 1,492.10, which reflects a decrease of 49.8 points or 3.23%. The stock has underperformed its sector by 1.29% today and is trading below its moving averages across various time frames, indicating a bearish trend. Over the past week, the stock has dropped by 5.66%, and it has also seen a significant decline of 15.16% year-to-date, contrasting with the Sensex's positive return of 4.51% in the same period. Additionally, the delivery volume has decreased by 4.01% compared to the 5-day average, suggesting a reduction in investor participation. Despite these challenges, the company maintains strong long-term fundamentals, with a robust average return on equity of 26.52% and healthy growth rates in net sales and operating profit.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week decline of 5.66% compared to the Sensex's drop of only 1.08%. This underperformance highlights the stock's struggles relative to the overall market. While the company benefits from high institutional holdings at 27.13%, which indicates confidence from more knowledgeable investors, the recent price movements and declining investor participation suggest that market sentiment may be cautious. Overall, the combination of short-term price declines, lower trading volumes, and underperformance against the benchmark contributes to the current downward trend in CDSL's stock price.