Why is Shriram Finance falling/rising?

As of 22-Aug, Shriram Finance Ltd is currently priced at 616.00, reflecting a decrease of 3.8, or 0.61%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 19.16% compared to the 5-day average. Over the past week, the stock has seen a slight decline of 0.20%, while it has decreased by 3.80% over the past month. Despite this recent downturn, the company has demonstrated strong long-term fundamentals, with an average Return on Equity (ROE) of 13.03% and consistent growth in net sales and operating profit. However, the stock's performance over the past year has been negative at -1.99%, even as profits rose by 12.4%, reflecting a challenging market environment.
In the broader market context, Shriram Finance's recent performance contrasts with the Sensex, which has gained 0.88% over the past week and declined by only 1.07% over the past month. This underperformance relative to the benchmark suggests that investor sentiment may be more favorable towards the broader market compared to Shriram Finance. Despite the company's high institutional holdings at 68.95%, which typically indicates confidence in its fundamentals, the stock's current price movement and declining investor participation may be causing concern among retail investors. Overall, while the company has shown strong long-term growth and positive results over recent quarters, the recent price decline reflects a combination of short-term market pressures and investor sentiment.