Why is Shriram AMC falling/rising?

As of 15-Jul, Shriram Asset Management Co Ltd's stock price is currently at 555.00, reflecting a decrease of 11.2, or 1.98%. The stock has been underperforming recently, having fallen for the last three days with a total decline of 5.85%. Today's trading saw the stock touch an intraday low of Rs 554.9, and it has been trading in a narrow range of Rs 1.55. In terms of performance, the stock has underperformed its sector by 2.79%. Over the past week, it has declined by 5.93%, while on a monthly basis, it has dropped 17.16%. Despite these short-term declines, the stock has shown strong long-term performance with a 1-year return of 23.33% and a remarkable 3-year return of 258.41%. There is no information available regarding positive or negative factors impacting the stock.
Broader market context indicates that the Sensex has experienced a decline of 1.36% over the past week, suggesting that the broader market is also facing challenges. However, Shriram AMC's significant drop of 5.93% in the same period highlights its relative weakness compared to the benchmark. Year-to-date, while the stock has decreased by 3.48%, the Sensex has gained 5.67%, further emphasizing the stock's underperformance in the current market environment.