Why is Gala Precis. Eng falling/rising?

As of 05-Sep, Gala Precision Engineering Ltd is experiencing a decline in its stock price, currently at 814.75, which reflects a decrease of 14.6 points or 1.76%. The stock has underperformed its sector today by 1.7% and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.43%. In terms of returns, the stock has decreased by 6.93% over the past month and has a year-to-date decline of 38.08%. Additionally, the stock's delivery volume has significantly decreased by 55.37% compared to the 5-day average, indicating falling investor participation. While the company has a low debt-to-equity ratio and healthy long-term growth in operating profit, the recent flat results and high valuation metrics, such as a price-to-book value of 4, suggest that the stock may be perceived as expensive, contributing to its recent price decline.
In the broader market context, the stock's short-term performance over the past week shows a gain of 1.77%, which is better than the Sensex's increase of 1.13%. However, the stock's longer-term performance is concerning, with a significant year-to-date decline compared to the Sensex's modest gain of 3.29%. The lack of investment from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its current valuation or business prospects. Overall, while there are some positive factors regarding the company's financial health, the combination of recent poor performance, high valuation, and low investor interest is likely contributing to the stock's downward movement.