Why is Allied Blenders falling/rising?

As of 19-Sep, Allied Blenders & Distillers Ltd is experiencing a decline in its stock price, currently at Rs 549.80, which reflects a decrease of Rs 3.2 or 0.58%. The stock is trading close to its 52-week high, just 2.88% away from Rs 565.65. However, it has underperformed its sector by 0.76% today. Despite this, the stock has shown strong performance over the past year, with a remarkable return of 62.23%, significantly outpacing the negative return of -0.67% from the Sensex. The company has demonstrated high management efficiency and healthy long-term growth, with operating profit increasing at an annual rate of 38.70%. However, the recent drop in investor participation, with delivery volume falling by 63.5% against the 5-day average, may be contributing to the current price decline.
In the broader market context, while the stock has performed well year-to-date with a return of 27.95%, it has recently underperformed the benchmark Sensex, which has gained 0.88% over the past week. This underperformance, coupled with a high valuation indicated by a 7 Enterprise value to Capital Employed ratio, may be causing some investor hesitation. Additionally, although institutional investors have increased their stake, suggesting confidence in the company's fundamentals, the overall market sentiment may be affecting the stock's price negatively. The combination of high valuation concerns and declining trading volume could be influencing the stock's recent downward movement.