Why is Knowledge Marine falling/rising?

As of 30-Jun, Knowledge Marine & Engineering Works Ltd is experiencing a decline in its stock price, currently at Rs 1,575.00, reflecting a decrease of Rs 55.0 or 3.37%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 8.85% during this period. Today's trading saw the stock touch an intraday low of Rs 1,542.75, and it has shown lower delivery volume, indicating a decrease in investor participation. Although the company has demonstrated high management efficiency and strong long-term growth, with net sales increasing at an annual rate of 53.00%, the recent flat results and a high valuation have raised concerns among investors, contributing to the stock's downward movement.
In the broader market context, Knowledge Marine's short-term performance has been notably weaker compared to the benchmark, with a 1-week return of -5.25% against the Sensex's gain of +2.09%. While the stock has outperformed the BSE 500 over the long term, the recent decline in institutional investor participation, which has decreased by 0.52% in the last quarter, suggests a lack of confidence among more sophisticated investors. This shift, combined with the stock's recent price movements and overall market conditions, indicates a challenging environment for Knowledge Marine, leading to its current price decline.