Why is Ganesh Housing falling/rising?

As of 01-Jul, Ganesh Housing Corporation Ltd is experiencing a decline in its stock price, currently at 978.50, which reflects a decrease of 9.65 points or 0.98%. The stock has underperformed its sector today by 0.87%, and while it is higher than its 5-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 22.82% compared to the 5-day average. Over the past week, the stock has gained 1.21%, but it has underperformed over the past month with a decline of 2.97%. Despite a strong ability to service debt and healthy long-term growth reflected in a 74.29% annual increase in operating profit, the stock's high valuation, indicated by a Price to Book Value of 4, may be contributing to its current price movement.
In the broader market context, the Sensex has increased by 2.00% over the past week, suggesting that Ganesh Housing's recent performance is lagging behind the overall market trend. The stock's year-to-date performance shows a significant decline of 21.67%, contrasting sharply with the Sensex's gain of 7.11% during the same period. The relatively low stake held by domestic mutual funds at only 0.34% may indicate a lack of confidence in the stock's current valuation, further impacting its price negatively. Despite generating a modest return of 2.96% over the past year, the company's profits have risen by 29.8%, leading to a PEG ratio of 0.5, which suggests that the stock may be overvalued compared to its growth potential.