Why is Motil.Oswal.Fin. falling/rising?

As of 31-Jul, Motilal Oswal Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 911.15, which reflects a decrease of Rs 22.7 or 2.43%. The stock has underperformed its sector by 1.76% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.66% during this period. It opened with a loss of 3.07% and reached an intraday low of Rs 905.2. Despite showing positive returns over the past week and month, with increases of 0.71% and 4.90% respectively, the year-to-date performance is down by 4.64%. However, the stock has demonstrated strong long-term fundamentals, with an average Return on Equity (ROE) of 23.63% and an annual growth rate of operating profit at 41.32%, which supports its long-term value.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the last year and three years, generating a return of 39.22% compared to the benchmark's slight decline of 0.68%. However, the current short-term performance shows a stark difference, with the stock declining while the Sensex has risen by 3.90% year-to-date. The falling investor participation, indicated by a significant drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's current downward trajectory. Overall, while the long-term outlook remains positive, the recent price movements reflect short-term challenges that the stock is facing.