Why is Elantas Beck falling/rising?

As of 04-Jul, Elantas Beck India Ltd is experiencing a decline in its stock price, currently at Rs 11,919.95, which reflects a decrease of Rs 498.0 or 4.01%. Today's price summary indicates that the stock has underperformed its sector by 3.85%, with an intraday low of Rs 11,751.1, marking a drop of 5.37%. Despite a strong performance over the past three years with a return of 202.60%, the stock has shown a negative trend in the short term, with a 5.50% decline over the past week and a year-to-date drop of 6.88%. The falling investor participation, evidenced by a 71.53% decrease in delivery volume, suggests a lack of confidence among investors, which could be contributing to the stock's recent downturn.
In the broader market context, the Sensex has only declined by 0.74% over the past week, indicating that Elantas Beck's performance is significantly weaker than the overall market. While the stock has historically generated consistent returns, recent financial results have raised concerns, particularly with a flat operating cash flow and a decrease in profit after tax. The company's high valuation, reflected in a Price to Book Value of 10.9, coupled with poor long-term growth in net sales, may be causing investors to reassess their positions. Overall, the combination of negative short-term performance, declining investor interest, and concerns over financial health appears to be driving the stock's current decline.