Why is Power Fin.Corpn. falling/rising?

As of 14-Jul, Power Finance Corporation Ltd is experiencing a decline in its stock price, currently at 425.00, which reflects a decrease of 5.75 or 1.33%. Today's performance indicates that the stock has underperformed its sector by 1.41%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 421.35, representing a drop of 2.18%. Over the past week, the stock has shown a positive return of 3.28%, but it has a year-to-date decline of 5.19%. Despite this recent downturn, the company has reported strong financial metrics, including a low debt-equity ratio of 8.25 times and record net sales and PBDIT for the quarter. The stock is trading at a discount compared to its peers, and its high dividend yield of 3.76% may attract investors, although the stock has generated a negative return of 23.45% over the past year.
In the broader market context, the Sensex has declined by 1.42% over the past week, indicating that the stock's short-term performance is relatively better than the benchmark. However, the year-to-date performance of the stock is significantly lagging behind the Sensex, which has gained 5.27%. The rising investor participation, with a notable increase in delivery volume, suggests some underlying interest in the stock despite its recent price drop. Additionally, the high institutional holdings at 35.02% may provide some stability, as these investors typically have a better understanding of the company's fundamentals. Overall, while the stock faces short-term challenges, its strong financial performance and attractive valuation metrics may support a more favorable outlook in the long run.