Why is Bemco Hydraulics falling/rising?

As of 30-Jul, Bemco Hydraulics Ltd is experiencing a decline in its stock price, currently at 3,033.35, reflecting a decrease of 61.9 points or 2.0%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 13.18% during this period. Today's performance indicates that it opened with a loss of 2% and has not fluctuated from this price point. Despite a strong long-term growth trajectory, including a 123.95% increase year-to-date and consistent positive results over the last three quarters, the stock's recent movement is negatively impacted by a significant drop in investor participation, with delivery volume decreasing by 77.5% compared to the five-day average.
In the broader market context, Bemco Hydraulics has underperformed against the Sensex, which has only declined by 1.50% over the past week, while the stock itself has dropped by 9.61%. This stark contrast highlights the stock's recent struggles despite its impressive long-term performance. The company's high valuation, indicated by a Price to Book Value of 9.5 and a low domestic mutual fund stake, may also contribute to investor hesitance, suggesting that the market may not be fully comfortable with the current price levels despite the company's strong fundamentals.