Why is IIFL Finance falling/rising?

As of 11-Aug, IIFL Finance Ltd's stock price is currently at 450.90, reflecting an increase of 2.55, or 0.57%. The stock's performance today is in line with its sector, and it is trading above its 5-day, 100-day, and 200-day moving averages, although it is below its 20-day and 50-day moving averages. Despite a recent decline of 13.21% over the past month, the stock has shown a year-to-date increase of 8.93% and a significant rise of 575.79% over the last five years. The stock has also seen a decrease in investor participation, with delivery volume dropping by 69.33% compared to the 5-day average. However, the company maintains strong long-term fundamentals, evidenced by an average Return on Equity (ROE) of 14.71% and high institutional holdings, which have increased by 1.14% over the previous quarter.
In the broader market context, IIFL Finance's short-term performance over the past week shows a modest gain of 0.33%, contrasting with the Sensex, which has declined by 0.51%. This indicates that the stock is outperforming the benchmark index in the short term. The strong institutional ownership suggests confidence in the company's fundamentals, which may contribute to its recent price stability despite the overall market challenges. The liquidity of the stock remains adequate for trading, supporting its resilience in a fluctuating market environment.