Why is Emerald Finance falling/rising?

As of 23-Jul, Emerald Finance Ltd's stock price is currently at 87.69, reflecting a decrease of 0.36, or 0.41%. The stock has underperformed its sector today by 0.95%, and while it is trading higher than its 20-day and 50-day moving averages, it is below its 5-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 1.21%, but it has shown a positive return of 7.70% over the past month. The company has reported strong financial results, including a net profit growth of 20.38% and positive results for the last five consecutive quarters, which has contributed to a significant return of 39.39% over the past year. However, the stock is trading at a premium compared to its peers, and there are concerns regarding weak long-term fundamental strength, as indicated by an average return on equity of 8.64%.
In the broader market context, the Sensex has increased by 0.11% over the past week, contrasting with Emerald Finance's decline. This indicates that the stock is not only underperforming its sector but also lagging behind the overall market. Additionally, there has been a decrease in institutional investor participation, with a 3.4% reduction in their stake, which may signal a lack of confidence in the stock's future performance. Despite the company's impressive returns over the past year and strong profit growth, the falling participation from institutional investors could be contributing to the current downward pressure on the stock price.