Why is Gabriel India falling/rising?

As of 25-Jul, Gabriel India Ltd is experiencing a decline in its stock price, currently at Rs 988.75, which reflects a decrease of 3.25 points or 0.33%. The stock has been on a downward trend for the last two days, with a total loss of 1.91% during this period. Despite opening with a gain of 2.31% today and reaching an intraday high of Rs 1014.95, the stock's performance has been negatively impacted by a significant drop in investor participation, as evidenced by a 69.37% decrease in delivery volume compared to the five-day average. Over the past week, the stock has declined by 3.25%, although it has shown impressive returns of 55.24% over the last month and 107.72% year-to-date.
In the broader market context, Gabriel India has outperformed the Sensex in terms of returns over the last month, where the benchmark index has fallen by 1.56%. However, the stock's recent price movement suggests a shift in sentiment, possibly influenced by its high valuation metrics, including a Price to Book Value of 14.1, which is considered expensive compared to its peers. While the company has demonstrated strong financial performance with consistent positive results over the last eight quarters and high institutional holdings, concerns about its long-term growth potential, indicated by a relatively low annual growth rate of net sales at 14.27%, may be contributing to the current decline in stock price.