Why is NBCC falling/rising?

As of 19-Jun, NBCC (India) Ltd is experiencing a decline in its stock price, currently at Rs 114.05, which reflects a decrease of Rs 4.9 or 4.12%. The stock has underperformed its sector by 2.44% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 6.59% during this period. The stock reached an intraday low of Rs 113, indicating significant selling pressure. Additionally, the delivery volume has decreased by 49.48% compared to the 5-day average, suggesting a decline in investor participation. Despite these short-term challenges, the company has demonstrated strong long-term growth with a high operating profit growth rate of 44.88% and a return on equity (ROE) of 19.05%, which indicates efficient management.
In the broader market context, NBCC's recent performance contrasts with the benchmark Sensex, which has only declined by 0.40% over the past week. While the stock has generated a positive return of 22.87% year-to-date, its recent short-term performance has been lackluster, with a 1.63% decline over the past month. Despite the current downturn, the stock has consistently outperformed the BSE 500 over the last three years, indicating a strong historical performance. However, the stock is trading at a premium compared to its peers, which may contribute to the recent selling pressure as investors reassess valuations in light of the declining short-term performance.