Why is HLE Glascoat falling/rising?

As of 06-Nov, HLE Glascoat Ltd is experiencing a decline in its stock price, currently at Rs 592.75, which reflects a decrease of 31.0 points or 4.97%. The stock has underperformed its sector by 2.65% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.36%. Despite a strong performance over the past month with a return of 26.81% and a year-to-date increase of 60.51%, the stock's recent movement is negatively influenced by a significant drop in investor participation, with delivery volume falling by 48.63% compared to the five-day average. Additionally, while the stock is trading above its moving averages, the overall sentiment appears to be dampened by the sector's decline of 2.53%.
In the broader market context, HLE Glascoat's short-term performance contrasts with the Sensex, which has decreased by 1.30% over the past week. Although the stock has shown impressive returns over the past year, outperforming the market significantly, concerns about its long-term growth prospects and high valuation metrics may be contributing to the current price decline. The company's operating profit growth rate of 13.07% over the last five years raises questions about sustainability, despite recent positive financial results. This combination of factors suggests that while HLE Glascoat has had a strong historical performance, current market conditions and investor sentiment are leading to its recent price drop.