Why is IIFL Finance falling/rising?

As of 12-Aug, IIFL Finance Ltd's stock price is currently at 448.00, reflecting a decrease of 2.9 points or 0.64%. The stock has shown a performance today that outperformed its sector by 0.27%, having reached an intraday high of Rs 461.05, which is a 2.25% increase. However, the stock has experienced a significant decline of 13.76% over the past month, despite a year-to-date increase of 8.23%. The stock's delivery volume has fallen by 56% compared to the 5-day average, indicating a decrease in investor participation. Nonetheless, 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 gain of 2.41%, while the benchmark Sensex has declined by 0.59%. This indicates that IIFL Finance has been performing relatively well compared to the overall market in the short term. However, the stock's recent decline in price, coupled with falling investor participation, suggests that while there are strong fundamentals and institutional support, market sentiment may be affecting its price negatively in the short term.