Why is Home First Finan falling/rising?

As of 18-Jul, Home First Finance Company India Ltd is experiencing a decline in its stock price, currently at Rs 1,370.30, which reflects a decrease of Rs 23.7 or 1.7%. The stock has underperformed its sector by 0.89% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.54%. Despite a strong long-term performance, with a 29.26% increase year-to-date and a 24.75% rise over the past year, the stock's recent movement has been negatively impacted by a significant drop in investor participation, as evidenced by a 55.78% decrease in delivery volume compared to the five-day average. The stock remains above its longer-term moving averages but is below its five-day moving average, indicating a short-term weakness.
In the broader market context, the stock's performance over the past week shows a slight decline of 0.78%, while the benchmark Sensex has fallen by 0.90%, suggesting that the stock is relatively resilient compared to the market. However, the company's high valuation, with a Price to Book Value of 5.6 and a PEG ratio of 5.2, raises concerns about its sustainability in the face of recent profit growth that has not significantly outpaced its stock price increase. While the company has demonstrated strong fundamentals and consistent profit growth, the current market dynamics, including falling investor interest and a recent price decline, are contributing to the stock's downward movement.