Why is Chola Financial falling/rising?

As of 23-Jul, Cholamandalam Financial Holdings Ltd is experiencing a decline in its stock price, currently at 2,075.40, reflecting a decrease of 17.0 points or 0.81%. The stock has underperformed its sector by 1.35% today and has seen a consecutive fall over the last two days, resulting in a total decline of 2.79% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 48.44% and a remarkable 509.16% rise over the past five years. However, the stock's delivery volume has decreased by 16.78% compared to the five-day average, indicating falling investor participation. The company has consistently reported positive results over the last ten quarters, with net sales and cash equivalents reaching record highs, and it maintains a strong return on equity of 17.4, suggesting an attractive valuation relative to its peers.
In the broader market context, Cholamandalam Financial's recent performance contrasts with the Sensex, which has gained 0.11% over the past week while the stock has declined by 1.80%. This indicates that the stock's short-term struggles are not reflective of the overall market trend. The stock's strong historical returns, including a 37.82% increase over the past year, suggest that it has been a consistent performer compared to the benchmark, which has only risen by 2.86% in the same timeframe. The high institutional holdings at 40.22% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the recent underperformance and declining investor participation could be contributing factors to the current price movement.