Why is Poonawalla Fin falling/rising?

As of 01-Jul, Poonawalla Fincorp Ltd's stock price is currently at 463.55, reflecting a decrease of 2.45 points or 0.53%. The stock recently hit a new 52-week high of Rs.468.8 but has since underperformed its sector by 0.39%. After three consecutive days of gains, the stock has experienced a trend reversal. Despite this decline, Poonawalla Fincorp has shown strong performance over various periods, with a 47.35% increase year-to-date and a remarkable 1682.88% rise over the past five years. Additionally, high institutional holdings at 21.1% and an increase in their stake by 1.11% over the previous quarter indicate confidence in the company's fundamentals, which may support the stock's long-term outlook.
In the broader market context, Poonawalla Fincorp's recent performance has outpaced the benchmark Sensex, which has only increased by 2.00% over the past week compared to the stock's 4.45% rise. However, the stock's current decline may be attributed to a decrease in investor participation, as evidenced by an 11.7% drop in delivery volume against the five-day average. While the stock remains liquid enough for trading, the recent pullback could reflect profit-taking after a strong rally, despite its overall market-beating performance in both the short and long term.