Why is KEI Industries falling/rising?

As of 05-Sep, KEI Industries Ltd is currently priced at Rs 4,041.80, reflecting a decrease of Rs 79.7 or 1.93%. Today, the stock has underperformed its sector by 1.56% and has experienced a trend reversal after four consecutive days of gains, touching an intraday low of Rs 4,018. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term. Over the past week, KEI Industries has shown a return of +6.36%, significantly outperforming the Sensex, which returned +1.13%. However, the stock has a year-to-date return of -9.07%, contrasting with the Sensex's +3.29%, suggesting underlying challenges despite recent positive performance metrics such as a high return on equity and strong growth in net sales and operating profit.
In the broader market context, while KEI Industries has shown strong returns over the last three and five years, its recent performance indicates a struggle to maintain momentum in the short term. The stock's expensive valuation, as indicated by a high price-to-book ratio and a PEG ratio of 3.5, may be contributing to investor caution. Additionally, while institutional holdings are robust at 52.22%, their increased stake suggests confidence in the company's fundamentals, which may not be enough to offset the recent price decline. Overall, the combination of short-term underperformance against the benchmark and valuation concerns appears to be influencing the stock's current downward movement.