Why is Navin Fluo.Intl. falling/rising?

As of 16-Jul, Navin Fluorine International Ltd's stock price is currently at Rs 4,960.30, reflecting a decrease of Rs 115.05, or 2.27%. The stock has underperformed its sector today by 2.12%, reaching an intraday low of Rs 4,945.65. Despite being close to its 52-week high, the stock has seen a decline in investor participation, with delivery volume dropping significantly by 65.71% compared to the 5-day average. Over the past month, the stock has shown a positive return of 10.50%, and it has performed well year-to-date with a return of 52.78%. However, the company's long-term growth prospects appear limited, as indicated by an annual operating profit growth rate of only 12.84% over the last five years, alongside a high PEG ratio of 3.3, suggesting that the stock may be overvalued.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has decreased by only 1.08% over the past week. While Navin Fluorine has outperformed the market significantly over the past year with a return of 35.31%, the recent decline may reflect concerns about its high valuation metrics and the falling investor participation. Additionally, despite strong management efficiency and institutional holdings, the stock's current price movement indicates a cautious sentiment among investors, possibly due to the perceived risks associated with its long-term growth and profitability.