Why is UTI AMC falling/rising?

As of 01-Jul, UTI Asset Management Company Ltd's stock price is currently at 1,284.50, reflecting a decrease of 5.5 or 0.43%. The stock has underperformed its sector today by 0.29%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 1.30%, and over the past month, it has risen by 8.19%. However, year-to-date, it has declined by 4.15%. The company has a high dividend yield of 3.62%, but there has been a significant drop in investor participation, with delivery volume falling by 54.86% compared to the 5-day average. While the stock has shown strong long-term fundamental strength with a 25.27% CAGR growth in operating profits, it has faced challenges, including a 56.6% decline in PAT in the most recent quarter and a 4.5% decrease in profits over the past year.
In the broader market context, the Sensex has increased by 2.00% over the past week and 2.76% over the past month, indicating that UTI AMC's short-term performance is lagging behind the benchmark. Despite its long-term outperformance, including a 24.74% return over the last year, the recent negative quarterly results have likely contributed to the stock's current decline. The high institutional holdings at 67.56% suggest that knowledgeable investors are closely monitoring the company's fundamentals, which may influence market sentiment. Overall, while UTI AMC has demonstrated strong historical performance, the recent financial results and declining investor participation are impacting its stock price negatively.