Why is Anlon Tech falling/rising?

As of 19-Sep, Anlon Technology Solutions Ltd is experiencing a decline in its stock price, currently at 466.00, which reflects a decrease of 9.1 points or 1.92%. Today's performance indicates that the stock has underperformed its sector by 1.91%. Despite this decline, Anlon Tech is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend in the longer term. Over the past month, the stock has shown a significant increase of 8.83%, and year-to-date, it has risen by 25.95%. The company also demonstrates strong fundamentals, including a high return on equity (ROE) of 23.54% and a low debt-to-equity ratio of 0.06, which supports its healthy growth trajectory with net sales increasing at an annual rate of 36.80%.
In the broader market context, Anlon Tech's recent performance contrasts with the benchmark Sensex, which has gained 0.85% over the past week and 1.39% over the last month. While the stock has outperformed the market over the past year with a return of 12.83%, the current decline may reflect a correction after a period of strong performance. Additionally, the stock's valuation appears expensive with a price-to-book ratio of 5, which could be a concern for investors despite the company's robust growth metrics. The rising investor participation, indicated by an increase in delivery volume, may suggest ongoing interest, but the recent price drop indicates that market sentiment may be cautious in light of the valuation concerns.