Why is Chola Financial falling/rising?

As of 08-Jul, Cholamandalam Financial Holdings Ltd is experiencing a decline in its stock price, currently at Rs 2,072.90, which reflects a decrease of 5.05 points or 0.24%. The stock has been losing value for the last two days, with a total drop of 0.9% during this period. Despite this recent downturn, the stock has shown strong performance over the past month, gaining 6.66%, and has delivered impressive returns of 48.26% year-to-date and 43.65% over the past year. However, today's trading saw a decline in investor participation, with delivery volume falling by 26.43% compared to the five-day average, indicating a potential decrease in demand. The stock remains above its longer-term moving averages but is below its five-day moving average, suggesting mixed signals in its recent performance.
In the broader market context, the stock's short-term performance of -2.18% over the past week contrasts with the Sensex, which has remained relatively flat with a change of +0.02%. This indicates that while Cholamandalam Financial Holdings Ltd has underperformed compared to the benchmark in the short term, it has consistently outperformed the BSE500 over the last three years. The company has reported positive financial results for the last ten consecutive quarters, with significant increases in net sales and cash equivalents, contributing to its attractive valuation. High institutional holdings at nearly 40% suggest that informed investors have confidence in the company's fundamentals, which may support the stock's long-term growth despite recent fluctuations.