Why is UTI AMC falling/rising?

As of 11-Sep, UTI Asset Management Company Ltd's stock price is currently at 1,351.00, reflecting an increase of 10.8 (0.81%). The stock has shown a performance today that outperformed its sector by 0.92%. However, despite this positive movement, there has been a notable decline in investor participation, with delivery volume falling by 35.45% against the 5-day average. The stock has generated a return of 5.41% over the past year, but profits have decreased by 9.1%. The company maintains a high dividend yield of 3.58% and strong long-term fundamentals, evidenced by an average Return on Equity (ROE) of 14.93%. Additionally, with high institutional holdings at 67.17%, the stock is trading at a fair value compared to its peers.
In the broader market context, the stock's short-term performance over the past week shows a return of 0.37%, which is lower than the Sensex's return of 1.03%. While UTI AMC has outperformed the BSE500 in the long term, its recent underperformance in the short term may be attributed to the decline in investor participation and falling profits. The stock's ability to maintain a fair valuation and high institutional interest suggests that it has strong support, but the recent drop in delivery volumes could indicate caution among retail investors.