Why is UTI AMC falling/rising?

As of 25-Jul, UTI Asset Management Company Ltd's stock price is currently at 1,356.00, reflecting a decline of 66.35 points or 4.66%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 8.46% during this period. Today's performance shows that it has underperformed its sector by 2.54%, with an intraday low of Rs 1327.85. Over the past week, the stock has decreased by 5.14%, while it has shown a positive return of 6.26% over the past month. Despite a strong long-term fundamental outlook, including a 25.27% CAGR growth in operating profits and a high dividend yield of 3.5%, the stock's profits have recently fallen by 9.1%, contributing to its current downward trend.
In the broader market context, the finance/NBFC sector has also experienced a decline of 2.12%, which may be influencing UTI AMC's performance. While the stock has outperformed the BSE500 over the last year and three years, its recent short-term performance has been less favorable compared to the benchmark, which has only declined by 0.36% in the past week. The stock's high institutional holdings at 67.17% suggest that it has strong backing, but the recent flat results in profit after tax and the overall sector downturn may be weighing on investor sentiment, leading to the current price drop.