Why is Chola Financial falling/rising?

As of 07-Jul, Cholamandalam Financial Holdings Ltd is experiencing a decline in its stock price, currently at Rs 2,077.95, down by Rs 13.75 or 0.66%. Today's price summary indicates that the stock underperformed its sector, touching an intraday low of Rs 2,044.4, which represents a decrease of 2.26%. Although the stock has shown strong performance over the longer term, with a year-to-date return of 48.62% and a three-year return of 238.10%, recent trading activity reflects a drop in investor participation, as evidenced by a significant decline in delivery volume by 66.24% compared to the five-day average. Despite these short-term challenges, the company has reported positive results for the last ten consecutive quarters, with record net sales and cash equivalents, which suggests a solid underlying business performance.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a one-week return of -4.23% compared to the Sensex's -0.20%. This underperformance may be attributed to falling investor participation and a recent dip in price, despite the company's attractive valuation metrics and high institutional holdings at 39.94%. The stock's price is currently trading at a discount relative to its peers, and its consistent returns over the past three years indicate strong fundamentals. However, the recent decline in trading volume and price suggests that market sentiment may be cautious, impacting the stock's immediate performance.