Why is IZMO falling/rising?

As of 08-Jul, IZMO Ltd's stock price is currently at 413.00, reflecting a decrease of 7.0 points or 1.67%. Today's price summary indicates that the stock opened with a gain of 4.26% but has since fallen, marking a trend reversal after six consecutive days of gains. The stock reached an intraday high of Rs 437.9 and a low of Rs 409.7, with more volume traded closer to the low price. Despite this decline, IZMO has shown strong performance over the past week and month, with returns of +8.74% and +35.43%, respectively. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 37.13%, and has reported positive results for the last three consecutive quarters, which may support its valuation despite the recent price drop.
In the broader market context, IZMO's recent performance has outpaced the Sensex, which has only increased by 0.02% over the past week. However, the stock's year-to-date performance shows a decline of 25.48%, contrasting with the Sensex's increase of 7.13%. This disparity highlights the challenges IZMO faces despite its strong fundamentals, such as a low debt-to-equity ratio and impressive profit growth. The stock's attractive valuation, with a price-to-book value of 1.7 and a PEG ratio of 0.2, suggests that it is trading at a fair value compared to its peers, which may attract investors looking for long-term growth opportunities.