Why is Garden Reach Sh. falling/rising?

As of 21-Jul, Garden Reach Shipbuilders & Engineers Ltd is experiencing a decline in its stock price, currently at Rs 2,585.40, which reflects a decrease of Rs 29.3 or 1.12%. The stock has underperformed its sector today by 1.74% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.35%. Despite a strong year-to-date performance with a 59.82% increase, the stock has seen a significant drop of 21.34% over the past month. Additionally, the stock's delivery volume has decreased by 7.85% compared to its five-day average, indicating falling investor participation. While the company boasts strong fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and profits, its high valuation and premium trading price compared to peers may be contributing to the recent price decline.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.08% compared to the Sensex's slight decline of only 0.06%. This underperformance in the short term, coupled with the recent consecutive falls, suggests that investor sentiment may be cautious despite the company's strong long-term fundamentals and recent positive results. Institutional investors have increased their stake, which typically signals confidence; however, the high valuation and premium pricing may be causing some investors to reassess their positions, leading to the stock's current downward movement.