Why is One 97 falling/rising?

As of 12-Jun, One 97 Communications Ltd is experiencing a decline in its stock price, currently at 895.15, which reflects a decrease of 65.05 or 6.77%. The stock has underperformed its sector by 5.31% today and has been on a downward trend for the last three days, accumulating a total loss of 7.35% during this period. It opened with a loss of 3.15% and reached an intraday low of Rs 864.2, marking a significant drop of 10%. In terms of performance over different periods, the stock is down 4.94% over the past week and 12.02% year-to-date, although it has shown a strong return of 122.31% over the last year. Despite these recent declines, the company maintains strong long-term fundamental strength with a 25.27% CAGR growth in net sales and high institutional holdings at 69.4%, which have increased by 1.32% over the previous quarter.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.31% over the past week and 4.55% year-to-date. This divergence indicates that while the stock has historically outperformed the market over the past year, its current short-term performance is lagging behind the benchmark. The falling investor participation, with a 21.99% decrease in delivery volume compared to the five-day average, further suggests a lack of confidence among investors, contributing to the stock's downward movement.