Why is Frontier Springs falling/rising?

As of 24-Jul, Frontier Springs Ltd is experiencing a decline in its stock price, currently at Rs 4,830.70, which represents a decrease of Rs 150.3 or 3.02%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total drop of 7.1% during this period. Today's trading saw the stock touch an intraday low of Rs 4,807.15, and the volume traded was closer to this low price, indicating a lack of investor confidence. Despite impressive long-term performance with a year-to-date return of 113.23% and a staggering 1,494.82% return over the last three years, the recent negative momentum is compounded by a decrease in delivery volume and a premium valuation compared to peers, which may deter new investments.
In the broader market context, Frontier Springs has underperformed the Sensex, which saw a minimal decline of 0.09% over the past week, while the stock itself dropped by 1.47%. This short-term underperformance, coupled with a high Price to Book Value ratio and low domestic mutual fund interest, suggests that investors may be cautious about the stock's valuation despite its strong historical returns. The company's impressive growth in net profit and consistent performance over the last seven quarters are positive indicators, but the current market sentiment appears to be influenced by concerns over its valuation and declining investor participation.