Why is Edelweiss.Fin. falling/rising?

As of 06-Aug, Edelweiss Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 97.35, which represents a decrease of Rs 2.2 or 2.21%. The stock has underperformed its sector by 1.95% today, having touched an intraday low of Rs 95.65, reflecting a drop of 3.92%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 15.59% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has declined by 6.30%, and year-to-date, it has dropped 21.37%, contrasting with a 3.08% gain in the benchmark index.
In the broader market context, while the Sensex has only fallen by 1.15% over the past week, Edelweiss Financial Services Ltd's significant decline indicates a weaker performance relative to the market. The stock's year-to-date performance shows a stark contrast, with a 21.37% drop compared to the benchmark's positive return. This underperformance may reflect broader concerns about the company's financial health or market sentiment, which has not been detailed in the available positive and negative factors. Overall, the combination of declining prices, reduced trading volume, and poor relative performance against the benchmark suggests a challenging environment for Edelweiss Financial Services Ltd.