Why is ASM Technologies falling/rising?

As of 17-Jul, ASM Technologies Ltd is experiencing a decline in its stock price, currently at Rs 2,830.00, reflecting a decrease of Rs 51.8 or 1.8%. The stock has underperformed its sector today by 0.67% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.55%. Despite this recent downturn, the stock has shown strong performance over the past week, with a return of 7.20%, and has significantly outperformed the benchmark Sensex over various periods, including a year-to-date increase of 106.72%. However, the stock's liquidity appears to be decreasing, as evidenced by an 11.24% drop in delivery volume compared to the five-day average.
In the broader market context, while ASM Technologies has demonstrated impressive long-term growth and profitability, including a 193.32% increase in net profit and consistent positive results over the last four quarters, it is currently facing valuation concerns with a high ROCE of 17 and a low domestic mutual fund ownership of 0%. This lack of confidence from domestic mutual funds may indicate apprehension regarding the stock's current price level despite its historical performance. The stock's recent decline, coupled with its strong past returns, suggests a complex situation where investor sentiment may be influenced by both its impressive growth metrics and concerns about valuation and market participation.