Why is Affle 3i falling/rising?

As of 23-Sep, Affle 3i Ltd is experiencing a decline in its stock price, currently at Rs 2,083.80, reflecting a decrease of Rs 61.1 or 2.85%. The stock has underperformed its sector today by 3.37% and has been on a consecutive downward trend for the last two days, with a total drop of 2.9%. Despite this recent decline, the stock has shown strong performance over the past month, gaining 7.08%, and has outperformed the Sensex over various periods, including a 31.77% return over the last year. However, the stock is currently 4.94% away from its 52-week high and has seen a decrease in investor participation, with delivery volume falling by 1.73% against the 5-day average.
In the broader market context, while Affle 3i has shown resilience with significant long-term growth and high management efficiency, its recent price movement contrasts with the overall market, as the Sensex has only declined by 0.34% over the past week. The stock's high valuation, indicated by a Price to Book Value of 9.9 and a PEG ratio of 2.8, may be contributing to investor caution, despite its strong fundamentals and positive quarterly results. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume suggests a potential decrease in investor confidence, which could be impacting its current price trajectory.