Why is Krishana Phosch. falling/rising?

As of 18-Jul, Krishana Phoschem Ltd is experiencing a decline in its stock price, currently at 486.35, which reflects a decrease of 6.65 or 1.35%. Despite this drop, the stock has shown strong performance over the past week, gaining 11.19%, and has outperformed the Sensex over the last year with a return of 79.73%. The stock is trading above its moving averages across various time frames, indicating a generally positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 100.07% compared to the five-day average. The company's strong financial performance, including a net profit growth of 86.35% and consistent positive results over the last five quarters, further supports its long-term growth potential.
In the broader market context, while Krishana Phoschem Ltd has shown impressive returns, the Sensex has experienced a slight decline of 0.72% over the past week. The stock's current valuation is considered expensive, which may contribute to the recent price drop despite its strong fundamentals and rising promoter confidence. Promoters have increased their stake in the company, indicating a positive outlook for the future. However, the stock's high PEG ratio of 0.2 suggests that while it has performed well, it may be trading at a premium compared to its earnings growth, which could be a factor in the current price movement.