Why is Chola Financial falling/rising?

As of 05-Aug, Cholamandalam Financial Holdings Ltd is experiencing a decline in its stock price, currently at 1,795.00, reflecting a decrease of 28.55 points or 1.57%. The stock has underperformed its sector by 1.48% today and has been on a consecutive decline for the last five days, resulting in a total drop of 6.36% during this period. Despite this recent downturn, the company has shown strong performance over the longer term, with a year-to-date increase of 28.38% and a remarkable 172.82% rise over the past three years. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, indicating mixed momentum. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 16.96% compared to the five-day average, which may contribute to the stock's recent struggles.
In the broader market context, Cholamandalam's short-term performance has significantly lagged behind the benchmark Sensex, which has only decreased by 0.77% over the past week. While the company has consistently reported positive results over the last ten quarters, including record net sales and cash equivalents, the recent price movement suggests that market sentiment may be weighing heavily on the stock. The high institutional holdings of 40.22% indicate a level of confidence among more knowledgeable investors, yet the stock's current valuation remains attractive compared to its peers. Overall, while Cholamandalam has demonstrated strong long-term returns and solid fundamentals, the recent price decline reflects short-term market pressures and reduced trading activity.