Why is Poonawalla Fin falling/rising?

As of 23-Sep, Poonawalla Fincorp Ltd's stock price is currently at 483.15, reflecting a decrease of 1.15, or 0.24%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 3.77% during this period. Despite this short-term downturn, the stock has shown strong performance over longer periods, with a year-to-date increase of 53.58% and a remarkable 1323.12% rise over the past five years. Additionally, the stock is trading above its moving averages across various time frames, indicating a generally positive trend. However, there has been a significant drop in investor participation, with delivery volume decreasing by 59.06% compared to the five-day average, which may contribute to the recent price decline. 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 could stabilize the stock in the long run.
In the broader market context, Poonawalla Fincorp's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past week, month, and year, while the Sensex has shown a slight decline of 0.34% over the past week. This indicates that while the stock is experiencing a short-term setback, its long-term trajectory remains strong compared to the overall market. The stock's ability to generate substantial returns over various time frames, coupled with its high institutional backing, positions it favorably despite the recent price drop.