Why is Ceinsys Tech falling/rising?

As of 30-Jun, Ceinsys Tech Ltd's stock price is currently at 1,305.55, reflecting a decrease of 15.2 points or 1.15%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.56% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite strong financial results, including a significant net profit growth of 171.05% and positive quarterly results over the last four quarters, the stock's long-term growth prospects appear limited due to a modest operating profit growth rate of 9.19% over the past five years. Furthermore, the stock is perceived as expensive relative to its peers, with a high Price to Book Value ratio of 5.5, which may deter some investors.
In the broader market context, Ceinsys Tech's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -2.50% against the Sensex's gain of +2.09%. This underperformance is compounded by a significant drop in delivery volume, which has decreased by 35.2% compared to the 5-day average, indicating reduced investor interest. While there has been an increase in institutional investor participation, which may provide some support, the overall sentiment remains cautious due to the stock's recent price declines and its premium valuation compared to historical averages.