Why is Data Pattern falling/rising?

As of 07-Aug, Data Patterns (India) Ltd is experiencing a decline in its stock price, currently at 2,590.00, reflecting a decrease of 5.35 or 0.21%. The stock has underperformed its sector by 0.89% today and has been on a consecutive fall for the last three days, resulting in a total decline of 4.51% during this period. Over the past week, the stock has decreased by 1.97%, and its performance over the last month shows a significant drop of 12.58%. While the company has demonstrated healthy long-term growth with a 31.60% annual increase in net sales, it is facing challenges such as a high Price to Book Value ratio of 9.6, indicating an expensive valuation compared to its peers. Additionally, despite having a low debt-to-equity ratio and strong institutional holdings, the stock's return over the past year has been notably poor at -13.46%, which is significantly worse than the broader market's decline of -1.34%.
In the broader market context, Data Patterns' short-term performance has been less favorable compared to the benchmark, as it has fallen more sharply than the Sensex, which declined by only 0.69% over the same week. The stock's recent struggles are compounded by falling investor participation, with a decrease in delivery volume, suggesting reduced interest among traders. Although the company's fundamentals indicate potential for growth, the current market sentiment and valuation concerns are contributing to the stock's downward trajectory.