Why is Shriram AMC falling/rising?

As of 17-Nov, Shriram Asset Management Co Ltd is experiencing a decline in its stock price, currently at Rs 410.30, reflecting a decrease of Rs 27.1 or 6.2%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -13.75% over that period. Today's trading saw the stock reach an intraday high of Rs 450 but also dip to a low of Rs 387.85, indicating high volatility with a wide trading range of Rs 62.15. Additionally, the stock's delivery volume has decreased significantly, falling by 35.24% against the five-day average, which suggests a decline in investor participation. The stock's performance year-to-date shows a substantial drop of 28.64%, contrasting sharply with the benchmark Sensex, which has gained 8.72%.
In the broader market context, Shriram AMC's recent performance has been notably weaker compared to the Sensex, which has increased by 1.69% over the past week while Shriram AMC has dropped by 13.75%. This stark contrast highlights the stock's struggles against the market backdrop. Despite a positive return of 4.80% over the past month, the overall trend remains negative, particularly in the short term. The stock's current price movement and declining investor interest indicate challenges that may continue to affect its performance in the near future.