Why is Garuda Cons falling/rising?

As of 28-Oct, Garuda Construction and Engineering Ltd's stock is currently priced at 205.85, reflecting a decrease of 2.2 points or 1.06%. The stock has been experiencing a decline, having fallen consecutively for the last two days, resulting in a total drop of 5.51% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 135.39% increase over the past year, significantly outperforming the market benchmark, which recorded a return of only 5.78%. The company has reported positive financial results, including a 56.95% growth in net profit and consistent positive results over the last four quarters. However, concerns regarding poor long-term growth and a high valuation relative to its return on equity may be contributing to the recent price decline.
In the broader market context, Garuda's short-term performance has outpaced the benchmark, with a 2.49% increase over the past week compared to the Sensex's 0.24% gain. This indicates that while the stock is currently facing a short-term setback, it has been performing well relative to the market in the recent past. Additionally, rising investor participation, as evidenced by a significant increase in delivery volume, suggests ongoing interest in the stock despite the recent price drop. However, the decrease in institutional investor participation may raise concerns about the stock's future stability, as these investors typically have more resources to assess the company's fundamentals.