Why is GE Vernova T&D falling/rising?

As of 26-Aug, GE Vernova T&D India Ltd is experiencing a decline in its stock price, currently at Rs 2,680.00, reflecting a decrease of Rs 71.75 or 2.61%. The stock has underperformed its sector by 0.8% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.24%. Despite a strong long-term performance with a year-to-date increase of 29.47% and a remarkable 58.85% rise over the past year, recent trading activity shows a drop in investor participation, with delivery volume falling by 40.32% against the five-day average. The stock is trading above its 50, 100, and 200-day moving averages, but below its 5 and 20-day averages, indicating some short-term weakness.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only declined by 1.05% over the past week. While GE Vernova has shown impressive long-term growth and strong fundamentals, including a low debt-to-EBITDA ratio and consistent profit growth, its current valuation appears high, with a Price to Book Value of 38.7. This may lead to some investor caution, particularly given the stock's recent price movements and declining trading volume. Overall, while the company has strong institutional backing and a solid track record, the recent price drop may reflect profit-taking or market adjustments rather than fundamental weaknesses.