Why is Poonawalla Fin falling/rising?

As of 26-Aug, Poonawalla Fincorp Ltd's stock price is currently at Rs 452.40, reflecting a decrease of Rs 15.0 or 3.21%. The stock has underperformed its sector today, falling after two consecutive days of gains, and it touched an intraday low of Rs 450.45. Despite this decline, the stock has shown a positive performance over the past month with a return of 9.54% and has significantly outperformed the benchmark indices over the longer term, including a remarkable 1076.59% increase over the past five years. Additionally, high institutional holdings at 23.03% and an increase in their stake by 1.93% over the previous quarter suggest confidence in the company's fundamentals, which may provide some support against the recent price drop.
In the broader market context, the finance/NBFC sector has experienced a decline of 2.02%, which may have contributed to the downward pressure on Poonawalla Fincorp's stock. The stock's short-term performance over the past week shows a decline of 3.69%, compared to a smaller drop of 1.05% in the Sensex, indicating that the stock is underperforming relative to the broader market. However, the rising investor participation, with a notable increase in delivery volume, suggests that there is still interest in the stock, which could help stabilize its price in the future.