Why is A B B falling/rising?

As of 14-Jul, ABB India Ltd's stock price is currently at Rs 5,653.90, reflecting a decline of Rs 97.95, or 1.7%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.22% during this period. Additionally, the stock has shown a negative return of 3.24% over the past week and a significant drop of 18.29% year-to-date, while it has underperformed the sector by 0.86% today. Despite a high management efficiency indicated by a return on equity of 15.88% and healthy long-term growth with operating profit increasing at an annual rate of 48.25%, the stock's valuation appears expensive with a price-to-book ratio of 16.9. This, combined with a negative return of 31.11% over the past year, suggests that the stock is facing selling pressure.
In the broader market context, ABB India Ltd has underperformed relative to the Sensex, which has gained 5.27% year-to-date, while ABB's returns have been negative. The stock's recent performance contrasts sharply with the market's overall positive trend, as the BSE500 index has generated a return of 0.26% in the last year. This underperformance, despite the company's strong fundamentals and consistent profit growth, indicates that investor sentiment may be cautious, leading to a decline in stock price. The liquidity of the stock remains adequate for trading, but the overall market dynamics and the stock's high valuation relative to its peers are contributing to its current downward movement.