Why is Garden Reach Sh. falling/rising?

As of 03-Jul, Garden Reach Shipbuilders & Engineers Ltd is experiencing a decline in its stock price, currently at 2,941.95, which reflects a decrease of 31.6 points or 1.06%. The stock has underperformed its sector by 0.71% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 2.97% during this period. Despite its strong long-term fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and profits, the stock's recent performance has been impacted by falling investor participation, as evidenced by a significant drop in delivery volume. Additionally, while the stock has shown remarkable growth over the years, its current valuation appears expensive compared to peers, which may be contributing to the recent price decline.
In the broader market context, the stock's short-term performance has been weaker than the benchmark, with a 1-week return of -1.29% compared to the Sensex's -0.62%. Although Garden Reach Shipbuilders has outperformed the benchmark over longer periods, including an impressive year-to-date return of 81.87%, the recent downturn highlights a divergence in short-term sentiment. The combination of high valuations and reduced trading activity may be causing investors to reassess their positions, leading to the current price drop despite the company's strong historical performance and fundamentals.