Why is Nuvama Wealth falling/rising?

As of 24-Sep, Nuvama Wealth Management Ltd's stock price is currently at 6,183.60, reflecting a decline of 38.3 points or 0.62%. The stock has been underperforming, having lost 3.48% over the last four days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 10.45% compared to the 5-day average. Over the past month, the stock has declined by 11.41%, while it has also underperformed the benchmark Sensex, which has gained 0.50% in the same period.
In the broader market context, Nuvama's recent performance contrasts sharply with the Sensex, which has shown resilience with a positive return over the last month. Despite the stock's short-term struggles, it is important to note that Nuvama has demonstrated strong long-term fundamentals, including an average Return on Equity (ROE) of 28.26% and significant growth in net sales and operating profit. The company has also reported positive results for the last seven consecutive quarters, indicating potential for recovery in the future. However, the current downward trend reflects immediate market pressures and investor sentiment.