Why is Gabriel India falling/rising?

As of 07-Jul, Gabriel India Ltd's stock price is currently at 919.90, reflecting a decrease of 31.25 points or 3.29%. Today's price summary indicates that the stock underperformed its sector by 2.83%, with an intraday low of Rs 903.3, marking a decline of 5.03%. Despite this drop, the stock has shown impressive returns over various periods, including a 30.96% increase over the past week and a remarkable 93.26% year-to-date gain. However, there are concerns regarding falling investor participation, as delivery volume has decreased significantly by 64.32% compared to the 5-day average. While the company has demonstrated strong financial performance with positive results for the last eight quarters and increasing institutional investor participation, the stock's high valuation and relatively slow long-term growth may be contributing to its current price decline.
In the broader market context, Gabriel India's recent performance contrasts with the Sensex, which has seen a slight decline of 0.20% over the past week. The stock's strong returns over the past year, outperforming the benchmark, may have led to heightened expectations that are now being tempered by its recent price drop. The company's low debt-to-equity ratio and consistent returns over the last three years suggest a solid foundation, yet the high price-to-book value and the elevated PEG ratio indicate that the stock may be overvalued compared to its peers. This combination of strong past performance and current valuation concerns could be influencing investor sentiment and contributing to the stock's recent decline.