Why is Religare Enterp. falling/rising?

As of 15-Sep, Religare Enterprises Ltd is currently priced at 251.75, reflecting a decrease of 1.5, or 0.59%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 1.78% during this period. In terms of returns, the stock has shown a negative performance over the past month, down 1.87%, and a year-to-date decline of 8.40%. Despite these short-term challenges, the company has strong long-term fundamentals, evidenced by a robust 34.87% compound annual growth rate in operating profits, which suggests potential for recovery in the future.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.24% over the past week and 4.67% year-to-date. This indicates that while the stock is facing short-term headwinds, the overall market sentiment remains positive. Additionally, the rising investor participation, with a notable increase in delivery volume, suggests that there is still interest in the stock despite its recent declines. However, the stock's performance is currently lagging behind the sector, which may contribute to the downward pressure on its price.