Why is Home First Finan falling/rising?

As of 08-Jul, Home First Finance Company India Ltd is experiencing a decline in its stock price, currently at Rs 1,372.95, which reflects a decrease of Rs 25.05 or 1.79%. Despite this drop, the stock has shown strong performance in the past week and month, with returns of 3.84% and 5.74%, respectively. The stock is trading above its moving averages, indicating a generally positive trend over longer periods. However, it underperformed its sector by 2% today and reached an intraday low of Rs 1,355.7. The company has demonstrated robust long-term growth, with a 36.14% CAGR in operating profits and consistent positive results over the last 15 quarters, but its high valuation metrics, including a Price to Book Value of 5.6, may be contributing to the recent price decline.
In the broader market context, while Home First Finance has outperformed the benchmark Sensex over various periods, including a 29.51% year-to-date return compared to the Sensex's 7.13%, the stock's recent performance today contrasts with this trend. The stock's short-term underperformance relative to the sector may be influencing investor sentiment, despite its strong fundamentals and historical growth. The rising investor participation, as indicated by an 18.5% increase in delivery volume, suggests that there is still interest in the stock, but the current price movement reflects caution among investors given its high valuation and recent performance metrics.