Why is Banco Products falling/rising?

As of 04-Sep, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at Rs 609.40, which reflects a decrease of Rs 21.35 or 3.38%. Today's price summary indicates that the stock has underperformed its sector by 2.62% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 606.5, and trading volume was higher near this low price, suggesting some selling pressure. Despite this decline, the stock has shown strong performance over the past year, generating a return of 79.47%, and has outperformed the benchmark indices over various periods, including a remarkable 378.99% increase over the last three years. The company also demonstrates a strong ability to service debt, with a low Debt to EBITDA ratio of 0.55 times, and has reported significant growth in operating profit and net sales.
Broader market context shows that while Banco Products has outperformed the Sensex in the short term, with a 3.82% increase over the past week compared to the Sensex's 0.80% rise, the recent decline may be attributed to profit-taking after a strong performance. The stock's liquidity remains adequate for trading, and the increase in delivery volume indicates rising investor participation, which could support future price recovery. However, the current downward trend suggests that market sentiment may be cautious, possibly influenced by broader market conditions or sector-specific challenges.