Why is Agarwal Fortune falling/rising?

As of 14-Jul, Agarwal Fortune India Ltd is currently priced at 22.70, showing no change (0.00%). The stock has experienced a decline of 1.52% over the past week and 1.30% over the past month, while it has underperformed the benchmark Sensex, which has gained 1.40% in the same timeframe. Today's price summary indicates that the stock's performance is in line with its sector, and it is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 47.72% against the 5-day average. Despite strong long-term fundamentals, including a healthy average return on equity of 20.38% and consistent positive quarterly results, the stock is viewed as expensive with a high price-to-book value ratio, which may contribute to its recent stagnation.
In the broader market context, Agarwal Fortune has consistently underperformed against the benchmark over the last three years, generating a return of -4.58% in the past year compared to the Sensex's gain of 2.15%. This underperformance, coupled with a significant decline in delivery volumes, suggests a lack of investor confidence. While the company has shown strong growth in net sales and profitability, the high valuation relative to its peers and the low PEG ratio of 0.1 indicate that investors may be cautious about future growth prospects, leading to the stock's current flat performance.