Why is Doms Industries falling/rising?

As of 05-Sep, Doms Industries Ltd is experiencing a decline in its stock price, currently at 2,647.55, which reflects a decrease of 47.45 or 1.76%. Today's price summary indicates that the stock has underperformed its sector by 3.02% and has reversed its trend after four consecutive days of gains. The stock reached an intraday high of Rs 2763.5 but fell to a low of Rs 2620.9, with more trading volume occurring closer to the lower price. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 8.96% and 8.98%, respectively. The company's strong fundamentals, including low debt and significant growth in net sales and operating profit, support its long-term potential, but its high valuation and recent profit growth may be causing some investor hesitation.
In the broader market context, while Doms Industries has outperformed the Sensex over the past week and month, it has lagged behind in year-to-date returns, showing only a 1.08% increase compared to the Sensex's 3.29%. This underperformance in the short term, coupled with the stock's recent price drop, may be influencing investor sentiment. The high institutional holdings at 25.32% suggest that knowledgeable investors are backing the company, but the stock's expensive valuation, indicated by a high Price to Book Value ratio and a PEG ratio of 2.5, could be contributing to the current selling pressure.