Why is ICICI Lombard falling/rising?

As of 26-Jun, ICICI Lombard General Insurance Company Ltd is experiencing a slight decline in its stock price, currently at 2,009.10, reflecting a decrease of 1.55 points or 0.08%. Despite this minor drop, the stock has shown strong performance over the past week, gaining 4.40%, and has outperformed the benchmark Sensex, which rose by 2.94% during the same period. However, today's performance indicates a trend reversal as the stock has fallen after four consecutive days of gains. It has traded within a narrow range of Rs 18.2, but remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity is adequate, with a delivery volume increase of 25.61% compared to the 5-day average, and it boasts a strong long-term fundamental strength with an average Return on Equity (ROE) of 16.56% and high institutional holdings at 41.52%.
In the broader market context, ICICI Lombard's recent performance has been commendable, with a year-to-date return of 12.06%, significantly outperforming the Sensex, which has gained 7.19% in the same timeframe. The stock's ability to generate returns of 12.31% over the past year further emphasizes its market-beating performance. However, the current decline may be attributed to a natural correction after a series of gains, as well as underperforming the sector by 1.41% today. Overall, while the stock has shown resilience and strong fundamentals, the recent price movement reflects typical market fluctuations following a period of upward momentum.