Why is KEI Industries falling/rising?

As of 22-Sep, KEI Industries Ltd is experiencing a decline in its stock price, currently at 4,123.00, which reflects a decrease of 76.85 points or 1.83%. Today's price summary indicates that the stock has underperformed its sector by 1.02% and has fallen after two consecutive days of gains. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it remains lower than the 5-day moving average. The stock has shown positive performance over the past week and month, with returns of 0.81% and 4.16%, respectively, but it has a year-to-date decline of 7.24%. Positive factors include high management efficiency with a return on equity (ROE) of 16.35%, a low debt-to-equity ratio, and healthy long-term growth in net sales and operating profit. However, the stock is considered expensive with a high price-to-book value and a PEG ratio of 3.6, which may contribute to the recent price decline.
In the broader market context, KEI Industries has outperformed the benchmark Sensex over the past week and month, but it has underperformed year-to-date and over the last year. The Sensex has gained 0.46% in the past week and 1.05% in the past month, while KEI Industries has shown stronger short-term returns. The stock's liquidity is adequate for trading, with a delivery volume increase of 108.38% against the 5-day average, indicating rising investor participation. However, the overall market sentiment may be tempered by the stock's expensive valuation relative to its peers, which could be influencing its current downward movement.