Why is CARE Ratings falling/rising?

As of 29-Jul, CARE Ratings Ltd's stock price is currently at 1,743.10, reflecting an increase of 18.1, or 1.05%. Today's price summary indicates that the stock has outperformed its sector by 1.79% and has shown a trend reversal by gaining after three consecutive days of decline. Despite a recent drop in delivery volume, which fell by 52.06% against the 5-day average, the stock remains liquid enough for trading. Over the past year, CARE Ratings has delivered impressive returns of 68.56%, significantly outperforming the BSE500 index in each of the last three annual periods. The company has also reported positive financial results for the last seven consecutive quarters, with a notable growth in profit before tax and profit after tax, contributing to a favorable outlook.
In the broader market context, while the stock has experienced a decline of 3.91% over the past week, the benchmark Sensex has only decreased by 1.03%, indicating that CARE Ratings has underperformed relative to the market in the short term. However, the stock's year-to-date performance shows a remarkable gain of 28.62%, compared to the Sensex's 4.09%, highlighting its strong long-term potential. The high institutional holdings at 54.38% suggest that knowledgeable investors have confidence in the company's fundamentals, further supporting the stock's resilience despite recent fluctuations.