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

As of 02-Sep, Cholamandalam Investment & Finance Company Ltd is experiencing a decline in its stock price, currently at Rs 1,433.20, which reflects a decrease of Rs 16.8 or 1.16%. Today's price summary indicates that the stock opened with a gain of 2% and reached an intraday high of Rs 1,478.95. However, it has underperformed its sector by 1.03%, and trading activity shows a significant drop in delivery volume, down by 26.03% compared to the 5-day average. Despite strong long-term fundamentals, including a healthy growth rate in net sales and operating profit, the stock is currently trading below its moving averages across various time frames, indicating a bearish trend.
In the broader market context, the stock's performance over the past week shows a decline of 2.85%, while the benchmark Sensex has only decreased by 0.78%. This underperformance in the short term contrasts with the stock's year-to-date return of 20.79%, significantly outpacing the Sensex's 2.58% gain. The high institutional holdings at 44.02% suggest that informed investors are backing the company, which may provide some support. However, the recent drop in investor participation and the stock trading below its moving averages may be contributing to the current price decline, overshadowing its strong fundamentals.