Why is UTI AMC falling/rising?

As of 16-Jul, UTI Asset Management Company Ltd's stock price is currently at Rs. 1,425.50, reflecting a decrease of Rs. 10.65 or 0.74%. The stock recently hit a new 52-week high of Rs. 1,450.25 but has underperformed its sector by 0.51% today. After two consecutive days of gains, the stock has experienced a trend reversal and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a healthy long-term growth rate in operating profits of 25.27% CAGR, the stock's profits have fallen by 4.5% over the past year, which may be contributing to the recent price decline. Additionally, a significant drop in delivery volume by 34.22% against the 5-day average indicates falling investor participation, which could also be impacting the stock's performance.
In the broader market context, UTI AMC has shown strong performance compared to the benchmark, with a 1-week return of 6.22% against the Sensex's decline of 1.08%, and a year-to-date return of 6.38% compared to the Sensex's 5.75%. This indicates that while the stock has been performing well in the longer term, the recent price drop may be a result of short-term fluctuations rather than a fundamental weakness. The high institutional holdings at 67.56% suggest that knowledgeable investors are backing the stock, which may provide some stability despite the recent decline. Overall, the stock's recent movement appears to be influenced by a combination of short-term profit-taking and reduced trading activity, even as it maintains strong long-term fundamentals.