Why is Tata Inv.Corpn. falling/rising?

As of 07-Aug, Tata Investment Corporation Ltd is experiencing a decline in its stock price, currently at 6,905.70, which reflects a decrease of 183.8 points or 2.59%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total drop of 3.24%. Today's trading saw the stock reach an intraday low of Rs 6,850, and it has been trading at lower volumes closer to this low price. Despite this short-term decline, the stock has shown strong performance over longer periods, with a 13.51% return over the past year and a remarkable 369.50% increase over the last three years. The company also boasts a strong long-term fundamental strength, evidenced by a 20.10% CAGR growth in operating profits, which supports its potential for recovery.
In the broader market context, Tata Investment Corporation's recent performance contrasts with the benchmark Sensex, which has seen a decline of 0.69% over the past week. While the stock has underperformed its sector by 2.81% today, it has outperformed the Sensex over the past month with a 3.40% gain compared to the benchmark's 3.38% loss. This indicates that, despite the current downturn, Tata Investment Corporation has maintained a relatively strong position in the market compared to its peers, suggesting that the recent price drop may be a temporary fluctuation rather than a reflection of its overall performance trajectory.