Why is HLE Glascoat falling/rising?

As of 17-Sep, HLE Glascoat Ltd's stock price is currently at Rs 509.40, reflecting a decrease of Rs 7.6 or 1.47%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 3.16%. In the past week, the stock has seen a significant drop of 9.00%, while it has performed well over the longer term, with a year-to-date increase of 37.94% and a one-year return of 26.40%. Despite these positive long-term returns, the stock's recent performance has been impacted by a decline in daily trading, with today's performance underperforming the sector by 1.97%. The stock is currently trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages, indicating mixed signals regarding its short-term momentum.
In the broader market context, the Sensex has gained 1.56% over the past week, contrasting sharply with HLE Glascoat's decline. This divergence suggests that while the overall market is experiencing upward momentum, HLE Glascoat is facing specific challenges. The company's high management efficiency and strong recent financial results, including significant growth in profit before tax and profit after tax, indicate potential for future growth. However, concerns about poor long-term growth and an expensive valuation relative to its peers may be weighing on investor sentiment. The stock's liquidity remains adequate, but the recent negative price movement suggests that investors may be cautious amid the broader market's positive performance.