Why is Nippon Life Ind. falling/rising?

As of 02-Sep, Nippon Life India Asset Management Ltd's stock price is currently at 792.30, reflecting a decrease of 4.55 points or 0.57%. The stock has underperformed its sector by 0.44% today, and its delivery volume has significantly dropped by 48.43% compared to the 5-day average, indicating falling investor participation. Despite this decline, the company has shown strong long-term fundamentals, with an average Return on Equity (ROE) of 24.45% and healthy operating profit growth at an annual rate of 25.05%. The stock has generated a 16.23% return over the past year, outperforming the BSE500 index, which has declined by 2.91% during the same period.
In the broader market context, the stock's short-term performance has been negative, with a 1-week return of -4.03%, while the Sensex has only decreased by 0.78%. This indicates that the stock is experiencing a sharper decline compared to the overall market. However, the company's long-term performance remains strong, with significant gains over 3 and 5 years, suggesting that while short-term fluctuations may be impacting the stock price, the underlying fundamentals and long-term growth prospects remain robust.