Why is UTI AMC falling/rising?

As of 16-Sep, UTI Asset Management Company Ltd's stock price is currently at 1,349.00, reflecting a decrease of 0.8, or 0.06%. The stock has been underperforming its sector, with a decline of 0.25% over the last two days, and it has fallen by 0.34% today. Although the stock has shown positive returns over the past week, month, and year, with a 6.04% increase over the last year, its profits have decreased by 9.1%. The stock is trading at a fair value with a high dividend yield of 3.55%, and it has strong long-term fundamentals, indicated by an average Return on Equity (ROE) of 14.93%. However, the recent drop in delivery volume by 31.47% against the five-day average suggests falling investor participation, which may be contributing to the current price decline.
In the broader market context, the stock's performance over the past week has been positive at 0.60%, but it lags behind the Sensex, which has gained 1.58% in the same period. While UTI AMC has outperformed the BSE500 over the last three years, one year, and three months, the recent underperformance in the short term may be affecting investor sentiment. The high institutional holdings at 67.17% indicate that knowledgeable investors are backing the stock, yet the recent consecutive falls and declining participation could be creating a cautious outlook among retail investors, impacting the stock's price negatively.