Why is PB Fintech. falling/rising?

As of 03-Jul, PB Fintech Ltd's stock price is currently at 1,808.00, reflecting a decrease of 11.8 points or 0.65%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.95% during this period. Despite touching an intraday high of Rs 1862.35, the stock's performance today is in line with the sector. Over the past week, the stock has decreased by 1.46%, while it has shown a positive return of 4.10% over the last month. The company has demonstrated strong long-term fundamentals, with a 35.06% CAGR growth in operating profits and a significant increase in net sales and net profit. However, falling investor participation, as indicated by a 38.28% drop in delivery volume, may be contributing to the recent price decline.
In the broader market context, PB Fintech's short-term performance has underperformed the benchmark, with the Sensex declining only 0.62% over the same week. While the stock has outperformed the benchmark over the longer term, generating a 23.34% return in the past year compared to the Sensex's 4.07%, the recent consecutive falls and reduced trading volume suggest a cautious sentiment among investors. The high institutional holdings at 68.88% indicate confidence from larger investors, but the recent drop in delivery volume may reflect a shift in retail investor sentiment, impacting the stock's price negatively in the short term.