Why is Northern ARC falling/rising?

As of 24-Jul, Northern ARC Capital Ltd is currently priced at 258.95, reflecting a decrease of 6.25 or 2.36%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.97% during this period. Today's performance indicates that it has underperformed its sector by 1.62%. Additionally, the stock's delivery volume has significantly decreased by 55.39% compared to its five-day average, suggesting a drop in investor participation. Despite these short-term challenges, the company has strong long-term fundamentals, evidenced by a 38.10% compound annual growth rate in net sales and a healthy return on equity of 10.5, which contributes to its attractive valuation.
In the broader market context, the stock's one-week return of -3.03% contrasts with the Sensex's minimal decline of only 0.09%, indicating that Northern ARC is lagging behind the benchmark. However, over the past month, the stock has outperformed the Sensex, gaining 10.83% compared to the benchmark's 0.16%. This suggests that while the stock is currently facing short-term pressures, its long-term growth prospects remain strong, supported by high institutional holdings at 27.75%, which may provide some stability and confidence among investors.