Why is Garuda Cons falling/rising?

As of 01-Aug, Garuda Construction and Engineering Ltd's stock price is currently at Rs 179.90, reflecting a decrease of Rs 5.9 or 3.18%. The stock has underperformed its sector by 1.61% today and has been on a downward trend, losing 6.79% over the last two days. The stock reached an intraday low of Rs 177.85, indicating significant selling pressure. Despite a strong performance over the past month with a return of 46.62%, the recent decline in delivery volume by 40.39% against the 5-day average suggests a drop in investor participation. While the company has demonstrated high management efficiency and strong net profit growth of 55.27%, concerns about its long-term growth and high valuation may be contributing to the current price decline.
In the broader market context, Garuda's short-term performance contrasts sharply with the benchmark Sensex, which has seen a decline of 1.06% over the past week. Although Garuda has outperformed the Sensex significantly over the past month, the recent consecutive falls indicate a shift in market sentiment. The stock's liquidity remains adequate for trading, but the combination of falling investor participation and concerns over its valuation may be weighing on its price. Overall, while the company has reported positive financial results, the market's reaction suggests caution among investors regarding its future growth prospects.