Why is Frontier Springs falling/rising?

As of 01-Aug, Frontier Springs Ltd is experiencing a decline in its stock price, currently at 4,760.00, reflecting a decrease of 265.0 points or 5.27%. Today's price summary indicates that the stock has underperformed its sector by 4.05% and has fallen after three consecutive days of gains, reaching an intraday low of Rs 4713.55, which is a drop of 6.2%. Despite a strong performance over the past year with a return of 219.43%, the stock has seen a decline of 3.61% over the last month. The company has reported outstanding results in recent quarters, including a significant growth in net profit and sales, but it also faces challenges such as a high valuation and minimal domestic mutual fund interest, which may contribute to the recent price drop.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 3.55% over the past week while the Sensex has declined by 1.06%. However, the stock's recent decline may reflect investor caution given its high price-to-book value and the lack of domestic mutual fund investment, suggesting that institutional investors may be wary of the stock's current valuation. This cautious sentiment, combined with the stock's recent underperformance relative to its sector, indicates that while Frontier Springs has shown strong long-term growth, short-term pressures are influencing its price negatively.