Why is ASM Technologies falling/rising?

As of 19-Sep, ASM Technologies Ltd's stock price is currently at 4,168.35, reflecting an increase of 7.7 points or 0.19%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite touching an intraday low of Rs 4048, the stock has outperformed its sector by 0.59%. Over the past week, the stock has experienced a decline of 4.72%, but it has delivered a remarkable return of 204.48% year-to-date and 165.92% over the past year, indicating strong long-term growth. The company has demonstrated a robust ability to service debt with a low Debt to EBITDA ratio of 1.28 times and has reported impressive growth in net sales and operating profit, contributing to its positive performance.
In the broader market context, while ASM Technologies has outperformed the BSE500 in the long term, its short-term performance has lagged behind the benchmark, which has gained 0.88% over the past week. The stock's recent price movement is supported by its strong financial results over the last several quarters, with significant growth in net sales and profit after tax. However, there are concerns regarding its high valuation metrics, such as a ROCE of 16.8 and a PEG ratio of 0.4, which may pose risks to investors. Despite these challenges, the stock's liquidity remains adequate for trading, suggesting that investor interest may still be present.