Why is ITD Cem falling/rising?

As of 12-Jun, ITD Cementation India Ltd is experiencing a decline in its stock price, currently at Rs 765.00, which reflects a decrease of Rs 33.75 or 4.23%. The stock has underperformed its sector by 1.78% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 5.25%. Despite a strong performance over the past month with a return of 40.86%, the stock is facing high volatility today, with an intraday volatility of 5.33%. Additionally, the stock's delivery volume has decreased by 9.79% compared to its five-day average, indicating a drop in investor participation. While the company has demonstrated strong fundamentals, including a high return on capital employed and consistent positive results over the last ten quarters, the current market sentiment appears to be negative.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a modest gain of 0.31% over the past week. Although ITD Cementation has significantly outperformed the benchmark over the longer term, with a year-to-date return of 41.90% compared to the Sensex's 4.55%, the current decline may reflect broader sector challenges, as the Capital Goods sector has fallen by 2.47%. The stock's high valuation, indicated by a PEG ratio of 1, may also be contributing to investor caution, despite its strong historical performance and growth metrics.