Why is KSB falling/rising?

As of 14-Jul, KSB Ltd's stock price is currently at 867.00, reflecting a decrease of 14.55, or 1.65%. Today's price summary indicates that the stock has underperformed its sector by 0.98% and has experienced a trend reversal after four consecutive days of gains, touching an intraday low of Rs 862.4. Despite this decline, KSB has shown positive returns over the past week and month, with increases of 5.66% and 3.83%, respectively. The company benefits from a low debt-to-equity ratio and healthy long-term growth, with operating profit growing at an annual rate of 25.97%. However, the stock's valuation appears expensive with a price-to-book value of 10.2, and it has generated a negative return of 8.31% over the past year, despite a profit increase of 19.8%.
In the broader market context, KSB's recent performance contrasts with the Sensex, which has declined by 1.42% over the past week while KSB has gained 5.66%. This indicates that KSB has outperformed the benchmark in the short term. However, the stock's recent decline may be influenced by its high valuation metrics and the trend reversal after a period of gains. The rising investor participation, as evidenced by a significant increase in delivery volume, suggests ongoing interest in the stock, but the current price movement reflects caution among investors amid concerns about valuation and recent performance trends.