Why is Edelweiss.Fin. falling/rising?

As of 03-Jul, Edelweiss Financial Services Ltd is currently priced at 115.80, reflecting a rise of 0.35 (0.3%). The stock has shown strong performance recently, outperforming its sector by 0.82% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 5.61%, and it has generated a notable return of 76.04% over the past year, significantly outperforming the Sensex, which has only risen by 4.07% in the same period. However, despite these positive indicators, the stock has seen a decline in investor participation, with delivery volume falling by 57.18% against the 5-day average. Additionally, while the stock is trading at a discount compared to its peers, its profits have decreased by 5.2%, which may raise concerns among investors.
In the broader market context, Edelweiss Financial Services Ltd has outperformed the benchmark Sensex in both the short term and long term, with a 9.45% increase over the past month compared to the Sensex's 3.10% rise. This strong performance is supported by high institutional holdings at 31.38%, indicating confidence from larger investors who have increased their stake by 1.27% over the previous quarter. However, the company faces challenges with poor long-term growth, as evidenced by a -0.60% annual rate of net sales growth and significant declines in net sales and profits reported for the last quarter. These mixed signals may contribute to a cautious outlook among some investors, despite the stock's recent upward movement.