Why is Life Insurance falling/rising?

As of 30-Jul, Life Insurance Corporation of India is currently priced at 901.55, reflecting an increase of 3.7 (0.41%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 1.69% during this period. However, it has underperformed in the longer term, with a 1-week return of -2.30% and a 1-month return of -7.34%. Despite these declines, the company reported strong quarterly results, achieving its highest net sales and operating profit margins, which may contribute to investor confidence. The company maintains a low debt-to-equity ratio and a favorable return on equity, indicating a solid financial position, which supports its fair valuation.
In the broader market context, the stock's recent performance has outpaced the sector by 0.31%, although it has still lagged behind the benchmark Sensex, which has seen a decline of only -1.50% over the past week. The stock's liquidity remains adequate for trading, but there has been a notable drop in investor participation, with delivery volume decreasing by 43.5% compared to the 5-day average. This decline in trading activity could indicate waning interest among investors, despite the company's strong fundamentals and market position as the largest player in its sector.