Why is CreditAcc. Gram. falling/rising?

As of 17-Jul, CreditAccess Grameen Ltd's stock price is currently at Rs 1,293.15, reflecting a decrease of Rs 4.7 or 0.36%. The stock has shown a strong performance over the past month with a return of 12.55%, and it is currently 4.78% away from its 52-week high of Rs 1,355. Despite today's decline, the stock touched an intraday high of Rs 1,343.9, indicating some volatility. However, there has been a notable drop in investor participation, with delivery volume falling by 43.62% against the 5-day average, which may be contributing to the current price movement. The company maintains strong long-term fundamentals, highlighted by a 20.59% CAGR growth in operating profits and a healthy annual growth rate of 27.54% in net sales, supported by high institutional holdings at 24.06%.
In the broader market context, CreditAccess Grameen's recent performance contrasts with the Sensex, which has declined by 1.12% over the past week. While the stock has outperformed the benchmark in the short term, the falling investor participation may indicate a shift in sentiment among traders, potentially affecting future price movements. Overall, while the stock has shown resilience and strong fundamentals, the recent decline in price could be attributed to reduced trading activity and market dynamics rather than a fundamental weakness in the company's performance.