Why is Frontier Springs falling/rising?

As of 04-Aug, Frontier Springs Ltd is experiencing a decline in its stock price, currently at 4,684.75, reflecting a decrease of 75.25 points or 1.58%. The stock has underperformed its sector by 3.8% today and has been on a downward trend for the last two days, with a total decline of 6.77% during this period. Despite touching an intraday high of Rs 4873.95, it also reached a low of Rs 4620. Over the past week, the stock has shown a positive return of 5.17%, but it has declined by 8.66% over the past month. The company has demonstrated strong financial performance with a 130.89% growth in net profit and consistent positive results over the last seven quarters, yet it faces challenges such as a high valuation and low domestic mutual fund interest, which may contribute to the current price drop.
In the broader market context, while Frontier Springs has outperformed the Sensex significantly over the long term, generating 208.83% returns in the last year compared to the benchmark's 0.05%, its recent performance contrasts sharply with the Sensex's modest decline of 2.89% over the past month. The stock's recent struggles may be exacerbated by falling investor participation, as indicated by a 42.4% drop in delivery volume against the five-day average, suggesting a lack of confidence among investors. Overall, while the company has shown strong historical returns, its current valuation concerns and reduced investor engagement appear to be driving the recent decline in stock price.