Why is LIC Housing Fin. falling/rising?

As of 27-Jun, LIC Housing Finance Ltd's stock price is currently at 612.35, reflecting a decrease of 8.05, or 1.3%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this drop. The stock has shown a 3.00% increase over the past week, although it has underperformed in the last year with a significant decline of 22.28%. Positive factors contributing to its valuation include strong quarterly results, a low debt-equity ratio, and attractive price-to-book value metrics, while concerns about poor long-term growth and recent underperformance against the market weigh on investor sentiment.
In the broader market context, LIC Housing Finance Ltd's short-term performance has outpaced the benchmark Sensex over the past week, which has risen by 2.00%. However, the stock's year-to-date return of 2.23% is notably lower than the Sensex's 7.58%, highlighting its struggle to keep pace with market trends. The stock's recent decline may be influenced by its poor long-term growth prospects, as indicated by its annual net sales growth rate of only 7.33%, alongside a significant underperformance compared to the broader market over the past year.