Why is LIC Housing Fin. falling/rising?

As of 24-Jul, LIC Housing Finance Ltd's stock price is currently at 614.25, reflecting a decrease of 5.5 points or 0.89%. The stock's performance today is in line with the sector, although it has shown a significant decline in investor participation, with delivery volume dropping by 71.54% compared to the 5-day average. Over the past week, the stock has decreased by 3.80%, while it has seen a modest increase of 1.83% over the past month. Despite positive financial results in the last three quarters, including a 24.78% growth in PAT and a low debt-equity ratio, the stock has underperformed in the long term, with a 21.46% decline over the past year, indicating a struggle to attract investor confidence.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 0.09% over the past week and has generated a positive return of 5.18% year-to-date. This underperformance is compounded by the company's slower growth rates in net sales and operating profit, which have grown at annual rates of 7.33% and 7.89%, respectively. While the stock has high institutional holdings and attractive valuations compared to peers, the significant negative returns over the past year suggest that investors are cautious, leading to the current downward movement in the stock price.