Why is KEI Industries falling/rising?

As of 27-Oct, KEI Industries Ltd is experiencing a decline in its stock price, currently at 4,090.00, reflecting a decrease of 36.25 points or 0.88%. The stock has underperformed its sector today by 0.98%, and while it is above the 50-day, 100-day, and 200-day moving averages, it is below the 5-day and 20-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 60.59% compared to the 5-day average. Over the past week, the stock has decreased by 1.34%, while it has shown a modest gain of 0.98% over the past month. Despite a strong long-term growth outlook, with a 20.07% annual growth rate in operating profit and positive results over the last three quarters, the stock's valuation appears expensive with a Price to Book Value of 0.6 and a PEG ratio of 2.5, which may be contributing to the recent price decline.
In the broader market context, the Sensex has gained 0.49% over the past week, contrasting with KEI Industries' 1.34% decline, indicating that the stock is lagging behind the overall market performance. While the company boasts high institutional holdings at 52.54% and has consistently generated returns over the last three years, the current market sentiment may be tempered by its relatively high valuation metrics and a lower return on equity of 1.3. This combination of factors suggests that while KEI Industries has strong fundamentals, the market's reaction to its valuation and recent trading activity may be influencing the downward pressure on its stock price.