Why is Capri Global falling/rising?

As of 08-Aug, Capri Global Capital Ltd is experiencing a decline in its stock price, currently at Rs 181.40, which reflects a decrease of Rs 6.75 or 3.59%. Today's performance indicates that the stock has underperformed its sector by 2.88% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 181.40, and the volume traded was significantly lower than the average, with a delivery volume drop of 72.5% compared to the previous five-day average. Over the past week, the stock has shown a positive return of 3.42%, but it has underperformed over the longer term, with a year-to-date return of -2.92% and a one-year return of -11.49%. Despite strong long-term fundamentals, including a 33.72% CAGR growth in operating profits and consistent positive results over the last ten quarters, the stock's high valuation metrics, such as a Price to Book Value of 4.1, may be contributing to the current downward pressure.
In the broader market context, while the Sensex has declined by 0.92% over the past week, Capri Global's short-term performance has been relatively better, indicating some resilience. However, the stock's year-to-date performance contrasts sharply with the Sensex's positive return of 2.20%, highlighting a significant underperformance in the longer term. The high institutional holdings at 25.24% suggest that informed investors are backing the company, yet the stock's expensive valuation relative to its peers may deter new investment. Overall, the combination of recent price movements, declining investor participation, and high valuation concerns are contributing to the stock's current downward trajectory.