Why is Crown Lifters falling/rising?

As of 22-Jul, Crown Lifters Ltd is experiencing a decline in its stock price, currently at 166.03, which reflects a decrease of 2.47 or 1.47%. The stock has underperformed its sector by 1.78% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 70.56% compared to the 5-day average. Over the past week, the stock has decreased by 2.10%, and it has shown a substantial decline of 10.86% over the past month, while its year-to-date performance is down by 23.98%. Despite positive financial indicators such as a high return on capital employed (ROCE) of 15.28% and consistent profit growth, the stock's valuation appears expensive, which may be contributing to its downward trend.
In the broader market context, the stock has significantly underperformed compared to the benchmark, with a one-year return of -36.23% against the Sensex's gain of 2.25%. This stark contrast highlights the challenges Crown Lifters faces in attracting investor confidence, especially given its recent performance metrics. While the company has shown strong operational growth and efficiency, the market sentiment remains cautious, likely influenced by its high valuation relative to peers and the overall negative return trend. The combination of these factors suggests that despite the company's solid fundamentals, the stock's recent price movement is primarily driven by market perceptions and investor behavior.