Why is BLS Internat. falling/rising?

As of 14-Aug, BLS International Services Ltd is experiencing a decline in its stock price, currently at 373.15, which reflects a decrease of 4.6 points or 1.22%. The stock has been underperforming, having lost 7.21% over the last six days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has dropped significantly, falling by 60.14% against the 5-day average, indicating a decrease in investor participation. Despite the company's strong fundamentals, including a low debt-to-equity ratio and consistent growth in net sales and operating profit, the stock's valuation appears expensive with a Price to Book Value of 8.9, which may be contributing to the recent price decline.
In the broader market context, BLS International's short-term performance has been notably weaker than the benchmark, with a 1-week return of -6.69% compared to a negligible -0.03% decline in the Sensex. While the company has shown healthy long-term growth and consistent returns over the past three years, the recent decrease in institutional investor participation, who have reduced their stake by 0.79%, suggests a lack of confidence among more sophisticated investors. This combination of falling investor interest and a relatively high valuation compared to its peers may be influencing the stock's downward trajectory in the current market environment.