Why is Life Insurance falling/rising?

As of 25-Jul, Life Insurance Corporation of India is experiencing a decline in its stock price, currently at Rs 886.55, which reflects a decrease of Rs 31.35 or 3.42%. The stock has underperformed its sector by 1.3% today and has seen a consecutive fall over the last two days, resulting in a total decline of 3.93%. In the past week, the stock has dropped by 3.95%, and over the last month, it has decreased by 6.77%. Despite having positive financial results in March 2025, including the highest net sales and operating profit margins, the stock has generated a negative return of 23.61% over the past year, which may be impacting investor sentiment.
In the broader market context, the stock's performance has been notably weaker than the benchmark Sensex, which has only declined by 0.36% over the past week and has gained 4.25% year-to-date. The finance/NBFC sector, in which the company operates, has also seen a decline of 2.13%. While there is rising investor participation indicated by an increase in delivery volume, the overall market conditions and sector performance appear to be contributing to the stock's downward trend. The company's relatively low debt-to-equity ratio and strong return on equity suggest a fair valuation, but these factors have not been sufficient to counteract the recent negative price movements.