Why is Clean Science falling/rising?

As of 25-Jul, Clean Science & Technology Ltd is experiencing a decline in its stock price, currently at Rs 1,243.00, which reflects a decrease of Rs 37.0 or 2.89%. The stock has underperformed its sector by 1.59% today and has been on a downward trend for the last two days, accumulating a total loss of 4.72%. Additionally, the stock has shown significant underperformance over various time frames, with a 1-month decline of 16.91% and a year-to-date drop of 12.77%. The stock is trading below its moving averages across multiple periods, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 67.84% compared to the 5-day average, suggesting waning interest among investors.
In the broader market context, Clean Science's performance has been significantly weaker than the benchmark, as evidenced by its 1-year return of -18.29% compared to the Sensex's gain of 1.78%. This consistent underperformance over the last three years has raised concerns among investors, particularly given the company's low long-term growth rate of 5.88% in operating profit over the past five years. Despite having a high return on equity (ROE) of 24.48% and a low debt-to-equity ratio, the stock is perceived as overvalued with a price-to-book ratio of 9.3, which is higher than its peers. The combination of these factors contributes to the stock's declining price, as investors remain cautious amid flat financial results and a high PEG ratio of 7.1, indicating that the stock may not be a favorable investment at its current valuation.