Why is CARE Ratings falling/rising?

As of 12-Nov, CARE Ratings Ltd's stock price is currently at 1,519.20, reflecting a decline of 77.75 points or 4.87%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total drop of 5.81% during this period. Today's trading saw the stock reach an intraday low of Rs 1513, indicating a significant downward movement. Despite this, the company has shown positive financial performance over the last eight quarters, with a 52.62% growth in profit after tax and a 20.40% increase in net sales. The stock's liquidity appears adequate, with a notable rise in delivery volume, suggesting increased investor participation, although it remains below the sector performance by 3.26%.
In the broader market context, CARE Ratings has underperformed the Sensex, which has gained 1.21% over the past week, while CARE Ratings has decreased by 5.07% in the same timeframe. However, on a year-to-date basis, the stock has outperformed the benchmark with a return of 12.10% compared to the Sensex's 8.10%. The company's solid fundamentals, including a low debt-to-equity ratio and high institutional holdings, indicate that while the stock is currently facing downward pressure, its long-term prospects remain strong, supported by institutional investors who have increased their stake recently.