Why is Lucent Industrie falling/rising?

As of 17-Sep, Lucent Industries Ltd's stock price is currently flat at 1,070.00, with no change (0.00%). Today's price summary indicates that the stock is performing in line with its sector, although it is higher than the 100-day and 200-day moving averages but lower than the 5-day, 20-day, and 50-day moving averages. The stock has seen a significant increase in investor participation, with delivery volume rising by 355.29% against the 5-day average. Over the past year, the stock has generated impressive returns of 155.68%, and it has consistently outperformed the BSE500 in each of the last three annual periods. However, despite these positive results, the company has a very expensive valuation with a Price to Book Value of 113.3, and its profits have not increased over the past year, which may be a concern for investors.
In the broader market context, the stock has underperformed compared to the Sensex in the short term, with a 1-week return of -0.01% compared to the Sensex's gain of +1.56%. While the stock has shown remarkable long-term growth, with a year-to-date return of +75.99% and a 3-year return of +6049.43%, the recent lack of profit growth and the absence of domestic mutual fund investment may indicate caution among investors. This suggests that while the stock has a strong historical performance, current market sentiment may be tempered by concerns over valuation and profitability, contributing to its flat price movement.