Why is Shriram Finance falling/rising?

As of 16-Sep, Shriram Finance Ltd's stock price is currently at 617.20, reflecting a decrease of 6.65 points or 1.07%. The stock has underperformed its sector by 1.35% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 2.53%. Despite a strong long-term performance with a year-to-date return of 6.60% and a significant 3-year return of 140.15%, the stock has faced challenges recently, including a decline in delivery volume by 49.58% against the 5-day average. The company has demonstrated solid fundamentals, with a strong average return on equity of 13.03% and consistent positive results over the last seven quarters, but the recent price movement suggests a temporary setback.
In the broader market context, Shriram Finance's short-term performance contrasts with the benchmark Sensex, which has gained 1.58% over the past week. While the stock's year-to-date performance is positive, the recent underperformance and falling investor participation may indicate a cautious sentiment among investors. The stock's liquidity remains adequate for trading, but the decline in delivery volume could signal reduced interest from retail investors. Overall, while the company's long-term growth prospects remain strong, the recent price decline reflects a combination of short-term market pressures and investor sentiment.