Why is Data Pattern falling/rising?

As of 21-Jul, Data Patterns (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,727.80, which reflects a decrease of Rs 30.5 or 1.11%. The stock has underperformed its sector by 0.61% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.94%. Over the past week, the stock has fallen by 4.52%, and over the past month, it has decreased by 7.69%. Despite a strong year-to-date performance of 10.46%, the stock has underperformed significantly over the past year with a decline of 13.87%. Positive factors include a low debt-to-equity ratio and strong growth in net sales, but the stock is also facing challenges due to its high valuation metrics and underperformance relative to the broader market.
In the broader market context, Data Patterns has notably lagged behind the benchmark, with the Sensex showing only a slight decline of 0.06% over the past week and a marginal drop of 0.25% over the past month. While the stock has shown impressive long-term growth over three years with a return of 260.20%, its recent performance has raised concerns among investors, particularly given its high price-to-book value and a PEG ratio of 3.1, indicating that it may be overvalued compared to its peers. The stock's recent price movements suggest that investor sentiment is cautious, particularly in light of its recent underperformance and the overall market conditions.