Why is Muthoot Finance falling/rising?

As of 10-Sep, Muthoot Finance Ltd's stock price is currently at Rs 2,899.85, reflecting a decrease of Rs 43.95 or 1.49%. Today's price summary indicates that the stock has underperformed its sector by 2.41% and has experienced a trend reversal, falling after five consecutive days of gains. The stock touched an intraday low of Rs 2,878.6, and while it is trading above its moving averages, there has been a decline in investor participation, with delivery volume falling by 5.88% against the five-day average. Despite this recent dip, Muthoot Finance has shown strong performance over the past year, with a return of 48.33%, and has consistently outperformed the BSE500 in the last three years. In the broader market context, Muthoot Finance's short-term return of 4.06% over the past week significantly surpasses the Sensex's return of 1.06%, indicating a strong relative performance despite the recent price drop. The company's fundamentals remain robust, with a high return on equity and consistent profit growth, which supports its long-term strength. However, the stock is considered expensive relative to its peers, trading at a premium valuation, which may contribute to the recent price decline as investors reassess its worth in light of its high price-to-book ratio.