Why is Optimus Finance falling/rising?

As of 28-Jul, Optimus Finance Ltd is currently priced at 24.08, reflecting a decrease of 0.17 or 0.7%. The stock has recently experienced a trend reversal, falling after five consecutive days of gains. Despite this decline, it has outperformed its sector by 0.67% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Over the past week, the stock has risen by 14.72%, and over the past month, it has increased by 30.16%. The company has reported positive results for the last four consecutive quarters, with cash and cash equivalents at their highest and net sales growing by 20.4% compared to the previous four-quarter average. However, the stock's long-term fundamental strength is considered weak, with an average return on equity of 12.80% and a high price-to-book value ratio of 3.1, which may contribute to the current price decline. In the broader market context, while Optimus Finance has shown strong short-term returns, outperforming the benchmark Sensex by 14.72% over the past week and 30.16% over the past month, it has underperformed on a year-to-date basis with a decline of 1.71% compared to the Sensex's gain of 3.52%. The stock's impressive one-year return of 125.05% contrasts with the Sensex's slight decline of 0.54%, highlighting its strong performance relative to the market. However, the expensive valuation and the relatively modest profit growth of 10.9% over the past year, alongside a high PEG ratio of 2.9, suggest that investors may be cautious, leading to the recent price drop.