Why is LIC Housing Fin. falling/rising?

As of 04-Jul, LIC Housing Finance Ltd's stock price is currently at 611.80, reflecting an increase of 2.65 (0.44%). The stock has outperformed its sector today by 1.14% and has been on a consecutive gain for the last two days, rising by 0.45% during this period. Despite a slight decline of 0.09% over the past week, the stock has shown a positive return of 1.44% over the last month. The company has reported positive results for the last three consecutive quarters, with a notable debt-equity ratio at its lowest and significant growth in net sales and profit before tax. However, the stock has underperformed over the past year with a decline of 22.84%, despite a rise in profits, indicating a potential disconnect between market perception and company fundamentals.
In the broader market context, while the Sensex has decreased by 0.74% over the past week, LIC Housing Finance Ltd has managed to maintain a slight edge with a smaller decline. The stock's performance over the last year has been significantly worse than the market, which has generated a return of 4.23%. The company's high institutional holdings suggest confidence from larger investors, which may provide some support for the stock. However, the falling investor participation and the relatively low growth rates in net sales and operating profit indicate potential risks that could affect future performance. Overall, while there are positive indicators for the company, the historical underperformance and current market conditions present challenges for the stock's upward momentum.