Why is City Pulse Multi falling/rising?

As of 01-Sep, City Pulse Multiventures Ltd is experiencing a decline in its stock price, currently at 2,683.00, reflecting a decrease of 207.0 points or 7.16%. Today's price summary indicates that the stock opened with a loss of 4.15% and reached an intraday low of Rs 2,683, underperforming its sector by 6.63%. Despite generating impressive returns over the past year, with a 217.51% increase, the company has shown weak long-term fundamental strength, evidenced by a -2.80% CAGR growth in net sales over the last five years and a low return on equity of 0.23%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 27.27% against the five-day average.
In the broader market context, the stock has underperformed the benchmark Sensex in the short term, with a one-week return of -3.66% compared to the benchmark's -1.56%. While the stock has shown remarkable long-term performance, including a staggering 7,171.00% increase over three years, the recent price movement suggests that investors may be reacting to the company's weak fundamentals and declining participation. The combination of high valuation metrics, such as a 32.5 price-to-book value, alongside flat results in the latest quarter, may also be contributing to the current downward pressure on the stock price.