Why is KFin Technolog. falling/rising?

As of 30-Jun, KFin Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,345.60, which reflects a decrease of Rs 8.5 or 0.63%. Today's price summary indicates that the stock underperformed its sector by 1.15%, touching an intraday low of Rs 1,326.9. Despite this, KFin Technologies has shown strong performance over the past month with a return of 24.71%, significantly outpacing the Sensex's 2.65%. The company has demonstrated solid long-term fundamentals, with an average Return on Equity (ROE) of 22.56% and consistent growth in operating profit at an annual rate of 29.70%. However, the stock is considered expensive with a Price to Book Value of 16.5, which may be contributing to the current price decline.
In the broader market context, KFin Technologies' recent performance has been favorable compared to the benchmark, as it has outperformed the Sensex over the past week with a return of 2.29% versus the Sensex's 2.09%. Despite the recent drop, the stock has generated a remarkable return of 92.11% over the past year, significantly higher than the market's average return of 5.79%. The high institutional holdings at 42.93% suggest confidence among larger investors, although the stock's high valuation and the PEG ratio of 2 may raise concerns about its sustainability, potentially influencing investor sentiment negatively in the short term.