Why is GE Vernova T&D falling/rising?

As of 11-Aug, GE Vernova T&D India Ltd is experiencing a slight decline in its stock price, currently at 2,799.65, reflecting a decrease of 5.25 points or 0.19%. Despite this minor drop, the stock has shown strong performance over various periods, with a 20.43% increase over the past month and an impressive 59.16% rise over the last year. However, today's performance indicates it has underperformed its sector by 1.44%, and there has been a notable decrease in investor participation, with delivery volume falling by 35.31% compared to the five-day average. The stock remains liquid enough for trading, but it is currently 4.09% away from its 52-week high.
In the broader market context, while the stock has outperformed the Sensex over the past week with a return of 0.92% compared to the benchmark's decline of 0.51%, the recent price movement suggests some caution among investors. The company boasts strong fundamentals, including a low Debt to EBITDA ratio and consistent profit growth, which supports its strong buy rating. However, the high valuation metrics, such as a Price to Book Value of 40.4, may be causing some investors to reassess their positions, contributing to the current price decline despite the overall positive long-term outlook.