Why is The Invest.Trust falling/rising?

As of 25-Jul, The Investment Trust of India Ltd is experiencing a decline in its stock price, currently at Rs 172.10, which reflects a decrease of Rs 4.05 or 2.3%. The stock has fallen after three consecutive days of gains, touching an intraday low of Rs 171.5. Despite this drop, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. In the past week, the stock has shown an impressive return of +8.92%, outperforming the Sensex, which has declined by 0.36%. However, year-to-date, the stock is down by 11.86%, contrasting with the Sensex's gain of 4.25%. There is also a notable increase in investor participation, with delivery volume rising by 184.98% against the 5-day average, suggesting heightened interest despite the recent price drop.
In the broader market context, the finance/NBFC sector has seen a decline of 2.12%, which may be contributing to the downward pressure on The Investment Trust of India Ltd's stock price. While the stock has performed well in the short term compared to the benchmark, its year-to-date performance remains weak. The stock's recent movement reflects a combination of sector-wide challenges and a correction after a period of gains, indicating that while there is positive momentum in the short term, broader market conditions are impacting its overall performance negatively.