Why is Deep Industries falling/rising?

As of 27-Jun, Deep Industries Ltd is experiencing a decline in its stock price, currently at Rs 446.10, which reflects a decrease of Rs 7.05 or 1.56%. Today's performance indicates that the stock has underperformed its sector by 2.62%, marking a trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 443.2, and while it remains above its 5-day, 20-day, and 50-day moving averages, it is below the 100-day and 200-day moving averages. Over the past week, the stock has shown a positive return of 3.59%, but it has a year-to-date decline of 18.66%. Despite the recent downturn, the company has demonstrated strong long-term growth, with net sales increasing by 43.55% and a consistent return of 54.36% over the past year, outperforming the BSE 500.
In the broader market context, the Sensex has increased by 2.00% over the past week, indicating that Deep Industries' short-term performance is lagging behind the benchmark. The company has a low debt-to-equity ratio and has reported positive results for the last four consecutive quarters, which typically supports stock price stability. However, the stock is considered expensive with a price-to-book value of 1.6, and domestic mutual funds hold no stake in the company, suggesting a lack of confidence at current price levels. This combination of strong historical performance and current valuation concerns may be contributing to the stock's recent decline.