Why is Tata Inv.Corpn. falling/rising?

As of 15-Oct, Tata Investment Corporation Ltd is experiencing a decline in its stock price, currently at Rs 941.80, which reflects a decrease of Rs 92.9 or 8.98%. Today's price summary indicates that the stock has underperformed its sector by 11.14% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 932, representing a drop of 9.93%. Despite this decline, the company has shown strong long-term fundamental strength with a 19.68% CAGR growth in operating profits and has consistently generated returns, outperforming the BSE500 over the last three years.
In the broader market context, Tata Investment Corporation's short-term performance over the past week shows a gain of 1.78%, which is better than the Sensex's increase of 1.02%. However, the stock's recent downturn contrasts with the finance/NBFC sector, which has gained by 2.16%. The stock's liquidity appears sufficient for trading, with a notable increase in delivery volume, suggesting rising investor participation. Overall, while the stock has demonstrated strong historical performance, its current decline may be influenced by recent price movements and sector dynamics.