Why is Edelweiss.Fin. falling/rising?

As of 08-Aug, Edelweiss Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 95.55, which reflects a decrease of Rs 2.45 or 2.5%. The stock has underperformed its sector by 1.79% today and reached an intraday low of Rs 95, marking a drop of 3.06%. 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 significantly, falling by 42.58% compared to the 5-day average, suggesting a decline in investor participation. Over the past month, the stock has seen a substantial drop of 17.31%, while year-to-date it has decreased by 22.82%.
In the broader market context, the Sensex has only declined by 0.92% over the past week and 4.60% over the past month, indicating that Edelweiss Financial Services Ltd is underperforming relative to the benchmark. While the stock has shown a strong performance over the past year with a gain of 33.92%, its recent trends suggest a significant downturn compared to the overall market. The lack of positive factors in the dashboard further emphasizes the challenges the stock is facing, contributing to its current downward trajectory.