Why is JSW Holdings falling/rising?

As of 22-Aug, JSW Holdings Ltd is experiencing a decline in its stock price, currently at 17,971.80, which reflects a decrease of 254.35 or 1.4%. Today's price summary indicates that the stock has underperformed its sector by 0.96% and has seen a trend reversal after five consecutive days of gains. The stock's performance over the past week shows a positive return of 1.74%, but it has significantly underperformed over the past month with a decline of 18.50%. While the stock has strong long-term fundamentals, evidenced by a 15.24% CAGR growth in operating profits and high institutional holdings at 22.91%, recent negative results, including a substantial drop in net sales and profits, have raised concerns about its valuation, which is considered expensive compared to peers.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has outperformed the Sensex by 0.88% over the past week, yet it has lagged behind in the longer term with a 1-month decline compared to the Sensex's smaller drop of 1.07%. The falling investor participation, as indicated by a 22.02% decrease in delivery volume, further suggests a lack of confidence among investors. Despite the stock's impressive returns over the past year and three years, the recent negative financial results and high valuation concerns are likely contributing to its current price decline.