Why is Frontier Springs falling/rising?

As of 11-Jun, Frontier Springs Ltd is experiencing a decline in its stock price, currently at Rs 3,827.60, which reflects a decrease of Rs 72.4 or 1.86%. The stock has been underperforming, having lost 8.72% over the last four days, and today it underperformed its sector by 2.19%. Intraday, the stock reached a high of Rs 4,000 but also dipped to a low of Rs 3,800. Despite strong performance in the longer term, with a 148.42% return over the past year, the recent price movement is influenced by falling investor participation, as evidenced by a significant drop in delivery volume by 60.31% compared to the five-day average. Furthermore, while the company has reported outstanding results and consistent returns, its high valuation metrics, such as a Price to Book Value of 14.3, may be causing some investor hesitation.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.87% over the past week. While Frontier Springs has shown impressive returns over longer periods, its short-term decline highlights a disconnect with the overall market trend. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence among institutional investors regarding the stock's current valuation. This combination of high valuation concerns and reduced trading activity suggests that investors are cautious, contributing to the stock's recent downward movement.