Why is Muthoot Microfin falling/rising?

As of 23-Sep, Muthoot Microfin Ltd is experiencing a decline in its stock price, currently at 166.25, reflecting a decrease of 1.65 or 0.98%. The stock has underperformed its sector by 1.31% today and has been on a downward trend for the last three days, resulting in a total drop of 4.15% during this period. Despite this recent decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. Over the past week, Muthoot Microfin has shown a positive return of 2.62%, while its one-year performance remains significantly negative at -27.76%. The company has reported strong long-term fundamental strength, with a 45.40% CAGR growth in net sales, and has recently declared positive results after three consecutive negative quarters, which may provide some support for the stock despite its current price movement.
In the broader market context, Muthoot Microfin's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.34% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date performance is notably worse than the Sensex, which has gained 5.07%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 50.33% against the 5-day average, suggesting reduced interest from retail investors. High institutional holdings at 25.89% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. However, the combination of recent price declines and falling investor engagement could be contributing to the stock's current downward trajectory.