Why is IIFL Finance falling/rising?

As of 14-Aug, IIFL Finance Ltd is experiencing a decline in its stock price, currently at Rs 441.10, which reflects a decrease of Rs 4.5 or 1.01%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.17% during this period. Additionally, the stock's performance over the past week shows a decrease of 2.89%, and it has underperformed its sector by 1.41% today. While the stock has a strong long-term fundamental strength with an average Return on Equity (ROE) of 14.71% and high institutional holdings, the recent drop in delivery volume by 48.11% against the 5-day average indicates a lack of investor interest, contributing to the stock's downward movement.
In the broader market context, IIFL Finance's short-term performance contrasts with the benchmark, as it has declined by 2.89% over the past week while the Sensex has remained relatively flat with a change of -0.03%. Despite the stock's year-to-date performance being positive at +6.56% compared to the Sensex's +3.15%, the recent trends suggest a weakening in investor sentiment. The stock's moving averages indicate it is performing better than the longer-term averages but worse than the shorter-term ones, which may signal a shift in momentum. Overall, while the stock has shown strong long-term performance, the recent declines and falling investor participation are significant factors in its current price movement.