Why is UTI AMC falling/rising?

As of 25-Aug, UTI Asset Management Company Ltd's stock price is currently at 1,343.95, reflecting a decrease of 26.05, or 1.9%. The stock has underperformed its sector today by 1.71%, and its delivery volume has significantly declined by 43.71% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 3.58%, while it has shown a modest year-to-date return of 0.29%. Despite a strong long-term fundamental strength with an average Return on Equity (ROE) of 14.93% and a high dividend yield of 3.6%, the stock's profits have fallen by 9.1% over the past year, which may be contributing to the recent price decline.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, as the Sensex has gained 0.45% over the past week. While UTI AMC has outperformed the BSE500 over the last three years and generated a return of 17.58% in the past year, the current decline suggests that investors may be reacting to the recent drop in profits and reduced trading activity. The high institutional holdings at 67.17% indicate that informed investors are still backing the stock, but the recent underperformance relative to the market may be causing concern among retail investors, leading to the current downward price movement.