Why is Crown Lifters falling/rising?

As of 29-Sep, Crown Lifters Ltd is experiencing a decline in its stock price, currently at 151.32, which reflects a decrease of 1.49 or 0.98%. The stock has underperformed significantly over various periods, with a one-week return of -8.77% and a year-to-date return of -30.71%. Today's price summary indicates that Crown Lifters is trading below its moving averages across multiple time frames, suggesting a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 33.88% against the five-day average. Despite the company's strong financial performance, including a high return on capital employed (ROCE) and consistent profit growth over the last ten quarters, the stock is perceived as overvalued, which may contribute to its downward movement.
In the broader market context, Crown Lifters has significantly underperformed compared to the benchmark, with the Sensex showing a decline of only 2.25% over the past week. While the market has generated negative returns of -7.50% over the last year, Crown Lifters' stock has fallen by a much larger margin of -32.78%. This stark contrast highlights the stock's struggles relative to the overall market performance. The company's high valuation metrics, such as a 2.4 enterprise value to capital employed ratio, combined with its substantial underperformance, suggest that investor sentiment remains cautious, leading to the current decline in stock price.