Why is JM Financial falling/rising?

As of 31-Jul, JM Financial Ltd's stock price is currently at 158.00, reflecting an increase of 0.65, or 0.41%. The stock has shown mixed performance recently, with a notable decline of 10.73% over the past week, while it has generated a substantial return of 50.75% over the last year. Today's performance indicates that it has outperformed its sector by 0.95%. However, the stock's delivery volume has decreased significantly by 54.73% compared to the 5-day average, suggesting a decline in investor participation. Despite trading at a premium compared to its peers, the stock's return on equity stands at 8.4%, and profits have fallen by 34.7%, indicating a complex valuation scenario.
In the broader market context, JM Financial's recent performance contrasts with the Sensex, which has declined by 1.22% over the past week and 3.00% over the past month. While the stock has outperformed the benchmark in the long term, its short-term struggles are evident. The high institutional holdings at 24.22% suggest that knowledgeable investors are backing the stock, which may provide some stability. Overall, while JM Financial has shown strong long-term performance, recent declines in investor participation and profit levels may be contributing to its current price movement.