Why is Poonawalla Fin falling/rising?

As of 11-Jul, Poonawalla Fincorp Ltd's stock price is currently at 454.95, reflecting a decline of 11.25 points or 2.41%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.14% during this period. Additionally, the stock's performance today has underperformed its sector by 1.49%. Despite this recent downturn, the stock has shown strong long-term performance, with a year-to-date increase of 44.61% and a remarkable 1636.45% rise over the past five years. High institutional holdings at 21.1%, which have increased by 1.11% over the previous quarter, indicate confidence from more sophisticated investors, although recent falling investor participation, with a significant drop in delivery volume, suggests a lack of retail interest.
Broader market context indicates that Poonawalla Fincorp's short-term performance has been weaker compared to the benchmark, with a 1-week return of -3.74% against the Sensex's -1.12%. While the stock has outperformed the BSE500 in the long term, including a 12.26% return over the past year, the recent decline may be attributed to a combination of reduced investor participation and short-term market pressures. The stock's liquidity remains adequate for trading, but the recent price movements reflect a cautious sentiment among investors in the current market environment.