Why is CG Power & Ind falling/rising?

As of 18-Sep, CG Power & Industrial Solutions Ltd is experiencing a decline in its stock price, currently at Rs 784.30, which reflects a decrease of Rs 7.35 or 0.93%. The stock has underperformed its sector by 0.74% today and has been on a downward trend for the last two days, with a total decline of 0.97%. Despite a strong long-term performance, with a 231.98% increase over the last three years and a 17.02% rise in the past month, the stock's recent performance has been hindered by falling investor participation, evidenced by a significant drop in delivery volume by 56.73% compared to the five-day average. Additionally, while the company has shown strong fundamentals, including a high return on equity and consistent positive results over the last three quarters, it is facing challenges with a high valuation relative to its peers and a slight decline in profits over the past year.
In the broader market context, the stock's performance over the past week shows a slight decline of 0.06%, while the benchmark Sensex has increased by 1.80%. This indicates that CG Power is not only underperforming its sector but also lagging behind the overall market trend. The company's strong long-term growth metrics and favorable ratings do not seem to be enough to offset the current negative sentiment, particularly given the recent drop in trading volume and the stock's expensive valuation compared to historical averages.