Why is Nippon Life Ind. falling/rising?

As of 12-Aug, Nippon Life India Asset Management Ltd's stock price is currently at 799.35, reflecting a decrease of 5.65, or 0.7%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Today's performance is in line with the sector, but there has been a notable decline in investor participation, with delivery volume dropping by 54.25% compared to the 5-day average. Despite this short-term decline, the stock has shown strong long-term fundamentals, evidenced by a robust average Return on Equity (ROE) of 24.45% and significant operating profit growth. Over the past year, the stock has generated a return of 24.80%, outperforming the BSE500 in the last three years, one year, and three months.
In the broader market context, the stock's short-term performance over the past week shows a decline of 2.05%, which is worse than the benchmark Sensex's decrease of 0.59%. This suggests that while the stock has strong long-term growth potential, it is currently facing challenges in the short term. The healthy long-term growth rate of 25.05% in operating profit and high institutional holdings at 21.05% indicate that there is confidence in the company's fundamentals, but the recent drop in price may reflect broader market sentiments or profit-taking by investors.