Why is Edelweiss.Fin. falling/rising?

As of 02-Jul, Edelweiss Financial Services Ltd is currently priced at 115.45, reflecting a decrease of 1.75 or 1.49%. Today's price summary indicates that the stock has underperformed its sector by 0.26% and has experienced a trend reversal after three consecutive days of gains. The stock reached an intraday low of Rs 114.6, marking a decline of 2.22%. Despite this recent downturn, the stock has shown strong performance over the past year with a return of 75.59%, although it has faced challenges with a 5.2% drop in profits. Additionally, the stock is trading at a discount compared to its peers, and high institutional holdings at 31.38% suggest confidence from more knowledgeable investors, although net sales have shown a concerning annual decline of 0.60%.
In the broader market context, the stock's short-term performance over the past week has been positive at 4.01%, significantly outperforming the Sensex, which has only increased by 0.79%. However, the year-to-date performance shows a decline of 6.74% compared to the Sensex's gain of 6.75%, indicating a struggle to maintain momentum in the face of broader market trends. The liquidity of the stock remains adequate for trading, but a notable drop in delivery volume by 50.93% against the five-day average suggests waning investor interest, which could further contribute to the stock's recent price decline.