Why is Cholaman.Inv.&Fn falling/rising?

As of 12-Aug, Cholamandalam Investment & Finance Company Ltd's stock price is currently at 1,448.00, reflecting a decrease of 38.05 points, or 2.56%. The stock has underperformed its sector by 1.65% today, having touched an intraday low of Rs 1,447. In the past week, the stock has declined by 1.62%, and over the past month, it has fallen by 4.98%. Despite these short-term declines, the company has demonstrated strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 17.64% and consistent growth in net sales and operating profit. The company has also reported positive results for the last 11 consecutive quarters, indicating robust financial health. However, there has been a notable decline in investor participation, with delivery volume dropping by 61.13% against the 5-day average, which may contribute to the stock's recent downward movement.
In the broader market context, Cholamandalam's recent performance contrasts with the benchmark Sensex, which has decreased by only 0.59% over the same week. This indicates that the stock's short-term struggles are more pronounced than the overall market trend. Year-to-date, Cholamandalam has outperformed the Sensex significantly, with a return of 22.03% compared to the benchmark's 2.68%. However, the recent underperformance in the short term may reflect market volatility or investor sentiment shifting away from the stock, despite its strong long-term growth prospects and high institutional holdings at 44.02%.