Why is Home First Finan falling/rising?

As of 28-Jul, Home First Finance Company India Ltd is experiencing a decline in its stock price, currently at Rs 1,373.65, which reflects a decrease of Rs 99.4 or 6.75%. Today's price summary indicates that the stock underperformed its sector by 5.11% and opened with a loss of 2.24%. After five consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs 1,355, which is an 8.01% drop. Despite a strong long-term fundamental strength characterized by a 36.14% CAGR growth in operating profits and positive results over the last 16 quarters, the stock's current performance is hindered by its high valuation metrics, including a Price to Book Value of 5.6, which is considered expensive compared to peers.
In the broader market context, the stock has shown a slight increase of 0.10% over the past week, while the benchmark Sensex has declined by 1.59%. This indicates that Home First Finance has outperformed the benchmark in the short term, despite its current price drop. However, over the past month, the stock has decreased by 6.57%, while the Sensex fell by 3.77%, suggesting that the stock's recent decline is more pronounced than the broader market's performance. The rising investor participation, with a significant increase in delivery volume, indicates ongoing interest, but the stock's high valuation and recent trend reversal may be causing concern among investors.