Why is A B B falling/rising?

As of 29-Aug, ABB India Ltd's stock price is currently at 4,989.45, reflecting a decrease of 11.6 points or 0.23%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.24% during this period. In terms of returns, the stock has experienced a significant drop of 27.89% year-to-date and a staggering 36.72% over the past year, while the benchmark Sensex has shown a modest gain of 2.14% year-to-date. Despite the company's low debt and strong long-term fundamentals, including a healthy operating profit growth rate of 58.98%, recent financial performance indicators such as a 20.3% decline in PAT and the lowest operating profit to net sales ratio at 13.04% have negatively impacted investor sentiment.
Broader Market Context: In the short term, ABB India Ltd has underperformed the benchmark, with a 1-week return of -1.41% compared to the Sensex's -1.84%. This trend of underperformance extends over a longer horizon, as the stock's returns have been significantly worse than the broader market, which has seen a negative return of -5.40% over the past year. The stock's high valuation, indicated by a Price to Book Value of 14.7, combined with a PEG ratio of 5, suggests that it may be perceived as expensive relative to its earnings growth, further contributing to the downward pressure on its price.