Why is Edelweiss.Fin. falling/rising?

As of 01-Aug, Edelweiss Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 98.80, reflecting a decrease of 4.55 (-4.4%). The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 6.04% during this period. Additionally, the stock's performance over the past week shows a decline of 8.26%, and over the past month, it has decreased by 15.70%. Despite a strong return of 43.96% over the past year, the company's profits have decreased by 5.2%, which may be contributing to investor concerns. The stock is trading at a discount compared to its peers, but its long-term growth prospects appear poor, as indicated by a negative annual growth rate in net sales of -0.60%.
In the broader market context, the Sensex has only declined by 1.06% over the past week, suggesting that Edelweiss Financial Services Ltd's short-term performance is significantly worse than the benchmark. The stock's recent trading activity indicates increased investor participation, with a 21.68% rise in delivery volume, yet this has not translated into positive price movement. The high institutional holdings at 29.09% suggest that knowledgeable investors are closely monitoring the company's fundamentals, which may be influencing the stock's downward trend in light of the recent negative financial results. Overall, the combination of poor sales growth, recent negative earnings reports, and underperformance relative to the market is likely driving the stock's decline.