Why is Jyoti CNC Auto. falling/rising?

As of 18-Jul, Jyoti CNC Automation Ltd is currently priced at 1,020.00, reflecting a decrease of 13.6 points or 1.32%. The stock has been underperforming, having lost 1.7% over the last two days and trading below its moving averages across various timeframes. In the past week, the stock has shown a modest gain of 0.59%, but it has significantly underperformed over the past month and year, with returns of -8.83% and -17.61%, respectively. Despite the company demonstrating strong financial health with a low Debt to EBITDA ratio and consistent positive results over the last five quarters, the stock's valuation is considered expensive, which may be contributing to its recent decline.
Broader market conditions reveal that the stock has consistently underperformed against the benchmark, with the Sensex showing a slight gain of 0.38% over the past month while Jyoti CNC has fallen. The stock's liquidity remains adequate, but a notable drop in delivery volume by 35.15% against the five-day average indicates waning investor interest. This combination of underperformance relative to the market, high valuation concerns, and declining investor participation suggests that Jyoti CNC Automation Ltd is facing challenges that are contributing to its current price decline.