Why is C D S L falling/rising?

As of 29-Aug, Central Depository Services (India) Ltd is experiencing a decline in its stock price, currently at 1,424.40, which reflects a decrease of 27.6 points or 1.9%. The stock has underperformed its sector by 1.2% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 9.53%, and year-to-date, it has fallen by 19.01%, contrasting with the Sensex, which has gained 3.31% during the same period. Despite this downturn, there has been a notable increase in investor participation, with delivery volume rising by 30.16% compared to the 5-day average, indicating some interest in the stock despite its current struggles. The company maintains strong long-term fundamentals, with an average Return on Equity (ROE) of 26.52% and robust growth in net sales and operating profit.
In the broader market context, the stock's recent performance has been significantly weaker than the benchmark Sensex, which has only declined by 1.78% over the past week. This underperformance is particularly evident in the year-to-date figures, where CDSL has dropped 19.01% compared to the Sensex's positive return. However, the high institutional holdings at 27.13% suggest that knowledgeable investors are still confident in the company's long-term prospects, which may provide some support against further declines. Overall, while the stock faces short-term challenges, its strong fundamentals and increased trading activity may indicate potential for recovery in the future.