Why is Fluidomat falling/rising?

As of 18-Sep, Fluidomat Ltd's stock price is currently at 943.90, reflecting an increase of 29.8 points or 3.26%. The stock has been gaining for the last three days, with a total return of 7.02% during this period. It outperformed its sector by 2.86% today and reached an intraday high of Rs 947.8. However, despite this recent positive movement, the stock has seen a decline of 9.38% over the past month and a year-to-date decrease of 3.59%. While the company boasts a high return on equity (ROE) of 18.43% and a low debt-to-equity ratio, its recent quarterly performance shows a significant drop in profit after tax (PAT) by 36.8% and the lowest net sales recorded at Rs 12.39 crore, which may be contributing to investor caution.
In the broader market context, Fluidomat's short-term performance of +3.45% over the past week outpaces the Sensex's return of +1.80% during the same period. This indicates that the stock is performing well relative to the benchmark in the short term. However, the stock's long-term performance remains strong, with a remarkable 505.06% increase over the past three years and a 37.17% rise in the last year, suggesting a solid historical growth trajectory. Despite these positive long-term returns, the stock's current valuation appears expensive compared to its peers, which could be a factor in the mixed sentiment among investors.