Why is IFB Agro Inds. falling/rising?

As of 19-Sep, IFB Agro Industries Ltd is currently priced at 785.00, reflecting a decrease of 2.0, or 0.25%. The stock has underperformed its sector by 0.43% today and has experienced a trend reversal, falling after two consecutive days of gains. Despite a strong year-to-date return of 34.43% and a one-year return of 36.76%, the stock has shown a decline of 1.69% over the past week and 0.58% over the past month. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 69.58% against the five-day average. While the company has demonstrated healthy long-term growth with a substantial increase in operating profit, its high valuation metrics and recent price movement suggest a cautious sentiment among investors.
Broader market context indicates that the stock's recent performance contrasts with the benchmark Sensex, which has gained 0.88% over the past week and 1.20% over the past month. This divergence highlights the stock's struggles despite its strong historical performance and positive financial results, including consistent quarterly profits and increased institutional investor participation. However, the stock's high price-to-book value and expensive valuation compared to peers may be contributing to the current downward pressure, as investors reassess the stock's worth in light of its recent price action and broader market trends.