Why is KSB falling/rising?

As of 22-Jul, KSB Ltd's stock price is currently at 864.55, reflecting a decrease of 1.45 (-0.17%). The stock has been experiencing a downward trend, having fallen for the last three consecutive days with a total decline of 1.59% during this period. In terms of performance against benchmarks, the stock has underperformed in the short term, with a 1-week return of -0.71% compared to the Sensex's -0.47%. Although the stock has shown positive long-term growth with a year-to-date increase of 13.00%, it has also faced challenges, including a significant drop in delivery volume by 76.56% against the 5-day average, indicating falling investor participation. The company's low debt-to-equity ratio and healthy operating profit growth of 25.97% are positive factors, but the stock's high valuation and recent underperformance in the market, with a 1-year return of -10.05%, contribute to its current decline.
In the broader market context, KSB Ltd's recent performance contrasts with the overall market, as the BSE500 has generated a return of 0.99% over the past year, while KSB has significantly lagged behind. This underperformance may be influencing investor sentiment negatively, leading to the stock's recent price drop. Despite the company's strong fundamentals, including a healthy operating cash flow and profit growth, the high price-to-book value and the stock's expensive valuation relative to its peers may deter investors in the short term. Overall, while KSB Ltd has shown potential for long-term growth, the current market dynamics and recent performance trends are contributing to its falling stock price.