Why is Kingfa Science falling/rising?

As of 21-Aug, Kingfa Science & Technology (India) Ltd is experiencing a decline in its stock price, currently at Rs 4,454.60, which represents a decrease of 142.35 points or 3.1%. Today's price summary indicates that the stock has underperformed its sector by 4.02% and has fallen after six consecutive days of gains, touching an intraday low of Rs 4,403.05. Despite this drop, the stock has shown impressive performance over various periods, with a 32.13% return over the past year and a staggering 341.75% over the last three years. The company maintains a low debt-to-equity ratio of 0.04, and its operating profit has grown at an annual rate of 64.76%, indicating healthy long-term growth. However, the stock is trading at a premium compared to its peers, which may contribute to the recent price correction.
In the broader market context, Kingfa Science's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.74% over the past week, while Kingfa's stock rose by 16.46% in the same period. This strong performance relative to the benchmark highlights the stock's volatility and investor interest, evidenced by a 121.24% increase in delivery volume on August 20. However, the recent price decline suggests a potential trend reversal, as investors may be taking profits after a substantial rally. Overall, while the stock has demonstrated consistent returns and strong fundamentals, the current price movement reflects a natural correction following a period of rapid gains.