Why is CARE Ratings falling/rising?

As of 10-Jul, CARE Ratings Ltd is experiencing a decline in its stock price, currently at 1,791.90, reflecting a decrease of 20.15 points or 1.11%. The stock has underperformed its sector by 1.53% today, with a notable drop in investor participation, as evidenced by a 55.17% decrease in delivery volume compared to the 5-day average. Despite this decline, the company has shown strong performance over the past year, generating a return of 66.16%, and has consistently delivered positive results for the last seven quarters, with significant growth in both profit before tax and profit after tax. However, concerns about its long-term growth potential and high valuation compared to peers may be contributing to the current price movement.
In the broader market context, the stock's short-term performance has been negative, with a 4.09% decline over the past week, while the benchmark Sensex has remained relatively flat with a decrease of only 0.06%. Although CARE Ratings has outperformed the Sensex significantly over longer periods, including a year-to-date return of 32.22% compared to the benchmark's 6.46%, the recent underperformance may be influencing investor sentiment. The combination of falling delivery volumes and concerns regarding its valuation and growth prospects could be leading to the stock's current downward trend.