Why is Poonawalla Fin falling/rising?

As of 23-Jul, Poonawalla Fincorp Ltd's stock price is currently at 446.75, reflecting a decrease of 5.3 points or 1.17%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.7% during this period. Today's performance indicates that it has underperformed its sector by 1.71%. Additionally, the stock's delivery volume has decreased significantly, falling by 26.97% compared to the 5-day average, which suggests a decline in investor participation. Despite this recent downturn, the stock has shown strong long-term performance, with a year-to-date return of 42.01% and a remarkable 1589.04% increase over the past five years. 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 provide some support against the recent price decline.
In the broader market context, Poonawalla Fincorp's short-term performance has lagged behind the benchmark, with a 1-week return of -1.38% compared to a slight gain of 0.11% for the Sensex. However, the stock has outperformed the BSE500 over longer periods, including a 13.68% return over the past year and a 65.59% return over the past three years. This long-term outperformance contrasts with its recent struggles, suggesting that while the stock may be facing short-term challenges, its historical performance and institutional backing could position it favorably in the future.