Why is Laurus Labs falling/rising?

As of 22-Aug, Laurus Labs Ltd is experiencing a decline in its stock price, currently at 877.55, which reflects a decrease of 12.0 points or 1.35%. Despite this recent drop, the stock has shown positive performance over the past week and month, with returns of 2.12% and 6.81%, respectively. However, today's performance indicates that it has underperformed its sector by 1.69%. The stock is trading above its moving averages across various time frames, but there is a notable decrease in investor participation, with delivery volume falling by 28.12% compared to the five-day average. While the company has reported impressive growth in net profit and management efficiency, concerns about its long-term growth potential and high valuation metrics may be contributing to the current price decline.
In the broader market context, Laurus Labs has outperformed the Sensex over the past year, generating a return of 95.01% compared to the benchmark's 0.31%. This strong performance is indicative of the company's ability to deliver positive results consistently, as evidenced by its high return on capital employed and significant profit growth. However, the stock's recent underperformance today, coupled with a decline in investor engagement, suggests that market sentiment may be shifting. The overall market has seen a slight increase, with the Sensex rising by 0.88% over the past week, which contrasts with Laurus Labs' current struggles, highlighting a potential disconnect between the stock's historical performance and its present market dynamics.