Why is Life Insurance falling/rising?

As of 06-Aug, Life Insurance Corporation of India is currently priced at 892.70, reflecting a slight increase of 0.7 or 0.08%. Today's price summary indicates that the stock has outperformed its sector by 0.34%, although it is trading higher than its 100-day and 200-day moving averages but lower than its 5-day, 20-day, and 50-day moving averages. Despite a recent decline in investor participation, with delivery volume dropping by 22.29% against the 5-day average, the company maintains a low debt-to-equity ratio and has reported positive quarterly results, including the highest net sales and operating profit margins. The stock has generated a return of -17.51% over the past year, despite a 17.9% increase in profits, indicating a fair valuation with a PEG ratio of 0.7.
In the broader market context, the stock's performance over the past week shows a decline of 0.98%, which is slightly better than the benchmark Sensex's drop of 1.15%. Over the past month, the stock has underperformed the benchmark, with a decline of 5.15% compared to the Sensex's 3.46% drop. However, on a year-to-date basis, the stock has remained relatively stable with a modest increase of 0.10%, contrasting with the Sensex's gain of 3.08%. This suggests that while the stock is facing challenges in the short term, it has potential for recovery given its strong fundamentals and market position within the sector.