Why is PNB Housing falling/rising?

As of 18-Aug, PNB Housing Finance Ltd's stock price is currently at Rs 786.10, reflecting an increase of Rs 19.15 or 2.5%. The stock has outperformed its sector today by 1.78%, reaching an intraday high of Rs 789, which is a 2.88% increase. However, despite this positive movement, the stock has shown a significant decline of 27.04% over the past month and a year-to-date decrease of 10.67%. The company has reported positive results for the last 11 consecutive quarters, with net sales at their highest and a notable growth in profits. Additionally, the stock is trading at a fair value compared to its peers, supported by high institutional holdings that have increased by 10.86% over the previous quarter. Nonetheless, there are concerns regarding poor long-term growth, as net sales have declined at an annual rate of -0.50%.
In the broader market context, PNB Housing's short-term performance has been favorable compared to the benchmark Sensex, which has only increased by 0.83% over the past week. This indicates that while the stock has experienced a recent uptick, it still faces challenges in the longer term, as evidenced by its substantial decline over the past month and year-to-date. The stock's liquidity remains adequate for trading, but falling investor participation, as indicated by a significant drop in delivery volume, may suggest caution among retail investors. Overall, while the recent price increase reflects positive quarterly results and strong institutional support, the long-term growth concerns and recent performance trends may temper investor enthusiasm.