Why is Godfrey Phillips falling/rising?

As of 08-Aug, Godfrey Phillips India Ltd. is currently priced at 9,948.30, reflecting a decrease of 55.25 points, or 0.55%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 8.39%. Despite this, the stock has shown strong performance over the past week and month, with returns of 13.39% and 20.87%, respectively. The stock also touched an intraday high of Rs 10,447.15, indicating some volatility within the trading day. Positive factors contributing to the stock's overall strong performance include high management efficiency, a low debt-to-equity ratio, and significant growth in net profit and operating profit. However, the stock is considered expensive with a high price-to-book value, which may be a concern for some investors.
In the broader market context, Godfrey Phillips has significantly outperformed the benchmark Sensex over various time frames, including a remarkable 140.76% return over the past year compared to the Sensex's 1.23%. This strong performance contrasts with the recent short-term decline, where the stock has underperformed its sector by 0.69%. The rising investor participation, indicated by a 59.3% increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while the stock has shown impressive long-term growth, its current decline may be attributed to short-term volatility and concerns over its valuation.