Why is IIFL Finance falling/rising?

As of 04-Sep, IIFL Finance Ltd is experiencing a decline in its stock price, currently at 432.65, reflecting a decrease of 7.1 points or 1.61%. The stock has underperformed its sector by 2.02% today, and while it is higher than the 200-day moving average, it is below the 5-day, 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has gained slightly by 0.15%, but it has seen a more significant decline of 3.73% over the past month. Despite these short-term challenges, the company maintains strong long-term fundamentals, evidenced by an average Return on Equity (ROE) of 14.71% and high institutional holdings at 34.71%, which have increased by 1.14% over the previous quarter.
In the broader market context, the Sensex has increased by 0.80% over the past week, indicating that the stock's recent performance is lagging behind the benchmark. The stock's year-to-date return stands at 4.52%, which is better than the Sensex's 3.30%, but the one-year performance shows a decline of 6.29% compared to the benchmark's drop of 1.98%. The rising investor participation, with a significant increase in delivery volume, suggests that there is still interest in the stock, despite its current price decline. Overall, while IIFL Finance has strong fundamentals and institutional backing, its recent price movement reflects a combination of underperformance relative to the sector and broader market trends.