Why is Ganesha Ecosphe. falling/rising?

As of 29-Jul, Ganesha Ecosphere Ltd is currently priced at 1,483.00, reflecting a decrease of 4.6, or 0.31%. The stock has underperformed its sector today by 0.83%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.06%, while it has shown a modest increase of 1.29% over the past month. Despite the recent price drop, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 28.35% and a significant rise in net sales and profit after tax over the last six months. However, the stock's valuation appears expensive, as indicated by its high enterprise value to capital employed ratio and a PEG ratio of 0.3, which may be contributing to the downward pressure on its price.
In the broader market context, Ganesha Ecosphere's recent performance contrasts with the Sensex, which has declined by only 1.03% over the past week and has gained 4.09% year-to-date. This suggests that while the stock is facing challenges, the overall market is performing better. The stock's year-to-date return of -26.34% further highlights its struggles compared to the benchmark's positive performance. Despite high institutional holdings at 32.08% and consistent positive results over the last five quarters, the combination of an expensive valuation and underperformance relative to the market may be influencing investor sentiment negatively, leading to the current price decline.