Why is Frontier Springs falling/rising?

As of 28-Jul, Frontier Springs Ltd's stock price is currently at 4,454.40, reflecting a decline of 142.55 points or 3.1%. The stock has been on a downward trend, having underperformed its sector by 2.62% today and experiencing a consecutive fall over the last five days, resulting in a total return of -14.34% during this period. Although the stock reached an intraday high of Rs 4770.7, it also hit a low of Rs 4333.35, indicating significant volatility. Despite its impressive year-to-date return of 96.62% and a remarkable 199.50% increase over the past year, the recent performance has been negatively impacted by a high valuation and low domestic mutual fund interest, which may signal concerns about the stock's current price level.
In the broader market context, the Sensex has only declined by 1.59% over the past week, suggesting that Frontier Springs' short-term performance is significantly worse than the benchmark. While the stock has shown consistent returns over the last three years, outperforming the BSE500, its current valuation metrics, including a high Price to Book Value ratio and a low domestic mutual fund stake, raise red flags for investors. The company's strong net profit growth and positive quarterly results have not been enough to counteract the recent selling pressure, leading to the stock's current decline.