Why is General Insuranc falling/rising?

As of 25-Sep, General Insurance Corporation of India is experiencing a decline in its stock price, currently at 360.05, which reflects a decrease of 3.45 or 0.95%. The stock has been underperforming recently, having fallen consecutively for the last two days, with a total return drop of 0.96%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the stock is close to its 52-week low, being only 4.17% away from Rs 345.05. Despite these challenges, the company reported strong operating profit growth of 59.80% CAGR, with significant increases in PAT, PBT, and net sales in the latest quarter, suggesting underlying fundamental strength.
In the broader market context, General Insurance's short-term performance has been relatively better than the benchmark Sensex, which has declined by 2.23% over the past week compared to the stock's 1.18% drop. However, the stock has significantly underperformed on a year-to-date basis, with a decline of 19.02% against the Sensex's gain of 3.87%. The falling investor participation, evidenced by a 52.52% drop in delivery volume, raises concerns about liquidity and market interest. While the stock's attractive valuation and strong profit growth could support a recovery, the current negative sentiment and technical indicators suggest that investors remain cautious.