Why is One 97 falling/rising?

As of 28-Aug, One 97 Communications Ltd's stock price is currently at Rs 1,229.70, reflecting a decline of Rs 23.85 or 1.9%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 3.64%. Despite this short-term decline, the stock has shown strong performance over the longer term, with a 128.55% increase over the past year and a 20.86% rise year-to-date. Today's trading saw the stock touch an intraday low of Rs 1,222.15, and while it remains close to its 52-week high, it has underperformed its sector by 0.83%. Positive factors contributing to its overall strength include a significant growth in net sales and a high institutional holding of 70.7%, indicating strong long-term fundamental strength.
Broader Market Context: In the context of the broader market, the stock's short-term performance has been relatively better than the benchmark, with a 1.37% decline over the past week compared to a 2.34% drop in the Sensex. This suggests that while the stock is experiencing a decline, it is not as severe as the overall market trend. Additionally, the stock's long-term performance has outpaced the benchmark indices, indicating resilience and potential for recovery despite recent fluctuations. The rising investor participation, as evidenced by an increase in delivery volume, may also signal confidence among investors, which could support the stock's future performance.