Why is Foseco India falling/rising?

As of 14-Jul, Foseco India Ltd. is experiencing a decline in its stock price, currently at 4,800.00, with a change of -26.1, representing a decrease of 0.54%. The stock has been losing value for the last four days, resulting in a total drop of 4.59% during this period. Despite this recent downturn, the stock has shown positive performance over the longer term, with a year-to-date increase of 19.28% and a significant rise of 202.56% over the past three years. The company has demonstrated high management efficiency, reflected in a return on equity (ROE) of 17.33%, and has reported strong quarterly results, including the highest net sales and profit after tax in its latest quarter. However, concerns about poor long-term growth and a high valuation relative to its earnings may be contributing to the recent price decline.
In the broader market context, Foseco India's short-term performance has been weaker than the benchmark, with a 1-week return of -4.44% compared to the Sensex's -1.42%. While the stock has shown resilience over the longer term, outperforming the benchmark in various time frames, the recent consecutive falls and the current market sentiment may be influencing investor behavior. The rising investor participation, indicated by an increase in delivery volume, suggests some interest in the stock despite its recent price drop. Overall, while Foseco India has strong fundamentals and a history of consistent returns, the current market dynamics and valuation concerns are likely impacting its stock price negatively.