Why is Shriram AMC falling/rising?

As of 07-Aug, Shriram Asset Management Co Ltd's stock price is currently at 519.00, reflecting an increase of 8.5, or 1.67%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. Despite opening with a loss of 4% and touching an intraday low of Rs 490.1, the stock has outperformed its sector by 1.45%. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 10.34% compared to the five-day average. Over the past week, the stock has declined by 2.65%, and year-to-date, it is down 9.74%, indicating a challenging performance relative to the broader market.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of 0.69% over the past week, Shriram AMC's short-term performance is worse, as it has fallen by 2.65%. However, the stock's long-term performance is significantly stronger, with a 250.44% increase over the past three years compared to the Sensex's 38.08%. This suggests that while the stock is currently experiencing volatility, it has historically provided substantial returns relative to the market. The absence of specific positive or negative factors in the dashboard limits the analysis of immediate influences on the stock's movement.