Why is Amal falling/rising?

As of 08-Jul, Amal Ltd's stock price is currently at 748.85, reflecting a decrease of 21.9 points or 2.84%. Today's price summary indicates that the stock underperformed its sector by 2.46%, with an intraday high of Rs 799 and a low of Rs 746.05. Despite this decline, the stock has shown strong performance over various periods, including a 7.19% increase over the past week and a remarkable 93.35% return over the last year. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 45.22% and positive results reported for the last seven consecutive quarters. However, the stock's valuation appears expensive, with a high Price to Book Value ratio and a low domestic mutual fund holding, which may indicate some investor caution regarding its current price.
In the broader market context, while Amal Ltd has outperformed the Sensex significantly over the past year, with a return of 93.35% compared to the Sensex's 4.69%, the stock's recent performance today suggests a temporary setback. The stock's decline today contrasts with its strong long-term growth metrics and rising investor participation, as evidenced by a 94.79% increase in delivery volume. This discrepancy may reflect short-term market fluctuations or investor sentiment rather than a fundamental deterioration in the company's performance.