Why is Edelweiss.Fin. falling/rising?

As of 22-Jul, Edelweiss Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 112.95, which reflects a decrease of 3.0 points or 2.59%. The stock has underperformed its sector by 2.38% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 6.54% during this period. Additionally, the stock's performance over the past week shows a slight decrease of 0.48%, while it has generated a significant return of 85.53% over the past year. Despite this long-term performance, the stock's profits have fallen by 5.2%, and it is currently trading at a discount compared to its peers, which may contribute to investor caution. The recent drop in delivery volume by 21.45% against the five-day average indicates a decrease in investor participation, further impacting the stock's price negatively.
In the broader market context, the Sensex has shown a marginal decline of 0.47% over the past week, which is similar to the stock's short-term performance. However, while the stock has outperformed the benchmark over longer periods, including a 233.49% increase over three years, the recent short-term trends suggest a lack of momentum. The high institutional holdings at 31.38% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. Nonetheless, the combination of falling investor participation and recent profit declines may be causing concern among investors, leading to the current downward movement in the stock price.