Why is Sobha falling/rising?

As of 18-Nov, Sobha Ltd. is experiencing a decline in its stock price, currently at Rs 1,571.10, which reflects a decrease of Rs 46.15 or 2.85%. Today's performance indicates that the stock underperformed its sector by 1.16%, with an intraday low of Rs 1,568.5, marking a drop of 3.01%. Despite this decline, the stock has shown positive returns over the past month, up 3.00%, and has impressive long-term growth, with a 3-year return of 159.59% and a 5-year return of 413.81%. The company recently reported a significant growth in net profit of 432.53%, which has contributed to a high institutional holding of 32.44%, suggesting strong confidence from larger investors.
In the broader market context, Sobha's short-term performance of -2.53% over the past week contrasts with the Sensex, which has gained 0.96% in the same period. This underperformance may reflect investor sentiment and market dynamics affecting the stock specifically, despite the company's strong financial results. The rising investor participation, indicated by a 5.45% increase in delivery volume, suggests that while the stock is currently facing downward pressure, there is still interest from investors, potentially stabilizing its future performance.