Why is PNB Housing falling/rising?

As of 11-Aug, PNB Housing Finance Ltd is currently priced at Rs 773.70, reflecting an increase of Rs 3.7 or 0.48%. The stock has been gaining for the last two days, with a return of 1.91% during this period. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential bearish trend. Additionally, the stock is 3.57% away from its 52-week low of Rs 746.1. Despite a recent decline of 27.90% over the past month, the company has reported positive results for the last 11 consecutive quarters, with significant growth in net sales and profits. The high institutional holdings at 62.18% suggest confidence from larger investors, which may support the stock's price.
In the broader market context, PNB Housing's short-term performance has slightly underperformed compared to the benchmark Sensex, which has declined by 0.51% over the past week while PNB Housing fell by 0.64%. The stock's year-to-date performance shows a decline of 12.08%, contrasting with the Sensex's gain of 3.15%. The falling investor participation, with a significant drop in delivery volume, could indicate reduced interest among retail investors, which may further pressure the stock. Overall, while the stock has shown some recent gains, its longer-term performance and current trading metrics suggest a cautious outlook.