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

As of 28-Aug, Motilal Oswal Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 889.30, which reflects a decrease of Rs 19.2 or 2.11%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.36% during this period. Today's trading saw the stock reach an intraday low of Rs 886, and it has been trading with higher volumes closer to this low price. Despite the recent downturn, the company has demonstrated strong long-term fundamentals, with an average return on equity of 23.63% and healthy operating profit growth at an annual rate of 41.32%. Over the past year, the stock has generated a return of 19.57%, outperforming the BSE500 index consistently over the last three years.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -5.99% compared to the Sensex's -2.34%. This indicates that while the overall market has also faced challenges, Motilal Oswal's decline has been more pronounced. The stock's year-to-date performance shows a loss of 6.92%, contrasting with the Sensex's gain of 2.48%, further highlighting its underperformance in the current market environment. Despite these challenges, the company's long-term growth potential remains strong, which may provide a basis for future recovery.