Why is Tata Inv.Corpn. falling/rising?

As of 01-Jul, Tata Investment Corporation Ltd is currently priced at 6,878.40, reflecting an increase of 28.4 points or 0.41%. The stock has shown a positive trend, gaining 1.23% over the last three days and outperforming its sector by 0.55% today. Over the past week, the stock has risen by 2.19%, although its year-to-date performance of 0.80% lags behind the benchmark Sensex, which has increased by 7.11%. Despite a strong long-term fundamental strength indicated by a 20.48% CAGR growth in operating profits, the company has faced challenges, including a significant decline in net sales and profits in the most recent quarter, which may affect investor sentiment.
In the broader market context, Tata Investment Corporation's recent performance has been relatively strong compared to the benchmark, as it has outperformed the Sensex in the short term. However, the stock's long-term returns of 4.33% over the past year are less impressive compared to the Sensex's 5.31%. The decline in investor participation, evidenced by a 33.57% drop in delivery volume, raises concerns about liquidity and market confidence. Additionally, the low stake held by domestic mutual funds may suggest a lack of comfort with the stock's valuation, which is considered expensive relative to its peers.