Why is L&T Finance Ltd falling/rising?

As of 25-Jul, L&T Finance Ltd's stock price is currently at Rs 204.85, reflecting a decrease of Rs 5.15, or 2.45%. The stock has underperformed its sector by 0.33% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 4.03%. Despite this recent downturn, the stock has shown positive performance over the past year, generating a return of 17.06%, and has outperformed the BSE500 in each of the last three annual periods. The stock is trading at a premium compared to its peers, with a fair valuation indicated by a Price to Book Value of 2, and high institutional holdings at 20.3% suggest confidence from larger investors. However, the stock's recent performance has been impacted by a significant drop in delivery volume, which fell by 32.67% against the 5-day average, indicating reduced investor participation.
In the broader market context, L&T Finance Ltd's short-term performance contrasts with the benchmark Sensex, which has declined by 0.36% over the past week. While the stock has shown resilience with a 1.71% increase over the past month compared to the Sensex's 1.56% decline, the finance sector overall has faced a downturn, falling by 2.13%. This sector-wide decline, coupled with the stock's recent price movements and reduced trading volume, contributes to the current downward pressure on L&T Finance Ltd's stock price.