Why is CG Power & Ind falling/rising?

As of 19-Sep, CG Power & Industrial Solutions Ltd is experiencing a decline in its stock price, currently at 779.55, reflecting a decrease of 4.75 points or 0.61%. The stock has underperformed its sector by 0.72% today and has been on a downward trend for the last three days, accumulating a total loss of 1.57% during this period. Despite this recent decline, the stock has shown strong long-term performance, with a 14.98% increase over the past month and an impressive 224.95% rise over the last three years. The company boasts a solid financial foundation, highlighted by a high average Return on Equity (ROE) of 36.30% and significant growth in net sales and operating profit. However, it is trading at a premium valuation compared to its peers, which may be contributing to the current price pressure.
In the broader market context, the stock's short-term performance has lagged behind the Sensex, which has gained 0.88% over the past week, while CG Power has seen a slight decline of 0.70%. This underperformance relative to the benchmark could be influencing investor sentiment negatively. Additionally, while the stock has shown consistent returns over the past year and has been rated highly among its peers, the recent drop in profits by 3.6% may raise concerns among investors. The liquidity of the stock remains adequate, with a notable increase in delivery volume, suggesting that while there is interest in the stock, the recent price movements reflect a cautious market response to its valuation and profit trends.