Why is Religare Enterp. falling/rising?

As of 19-Aug, Religare Enterprises Ltd's stock price is currently at 250.20, reflecting a slight increase of 0.2, or 0.08%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It is performing inline with its sector today, and the delivery volume has significantly increased by 91.03% compared to the 5-day average, indicating rising investor participation. Despite a recent downturn, the stock has demonstrated strong long-term fundamental strength, with a 34.87% compound annual growth rate (CAGR) in operating profits, and has outperformed the BSE500 over various time frames, including the past year where it generated a 5.08% return.
In the broader market context, Religare's short-term performance has not matched the benchmark, as it has declined by 0.18% over the past week while the Sensex has risen by 1.76%. Additionally, the stock has underperformed over the last month, with a decrease of 6.75% compared to a slight decline of 0.14% in the benchmark. However, its long-term performance remains robust, with significant gains over three and five years, suggesting that while short-term fluctuations may be challenging, the overall outlook for the stock remains positive due to its strong fundamentals and historical performance.