Why is UTI AMC falling/rising?

As of 11-Jul, UTI Asset Management Company Ltd's stock price is currently at 1,393.55, reflecting a slight decrease of 0.45, or 0.03%. Despite this minor decline, the stock has shown strong performance over various periods, with a 1-week return of 8.19% and a 1-month return of 9.35%. It is also trading above its moving averages across multiple time frames, indicating positive momentum. The stock is close to its 52-week high, just 2.57% away, and has experienced a significant increase in delivery volume, suggesting rising investor interest. However, it is important to note that while the stock has generated a 32.74% return over the past year, its profits have decreased by 4.5%, which may contribute to the current price movement. The company maintains a high dividend yield of 3.35% and strong long-term fundamentals, including a 25.27% CAGR growth in operating profits and high institutional holdings at 67.56%.
In the broader market context, UTI AMC has outperformed the Sensex, which has seen a decline of 1.12% over the past week. This indicates that while the stock is experiencing a minor drop today, it has been performing well relative to the market in the short term. The stock's ability to outperform the benchmark in both the near term and long term, alongside its fair valuation and strong institutional backing, suggests that the recent price movement may not reflect a fundamental weakness but rather a temporary fluctuation amidst overall positive trends.