Why is Paradeep Phosph. falling/rising?

As of 13-Aug, Paradeep Phosphates Ltd is experiencing a decline in its stock price, currently at Rs 207.70, which reflects a decrease of Rs 3.1 or 1.47%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 9.2%. Despite this short-term downturn, the stock has shown strong performance over the longer term, with a remarkable increase of 141.57% over the past year and 87.20% year-to-date. The stock's performance today has also underperformed its sector by 0.45%, and it has touched an intraday low of Rs 205.9. However, there is rising investor participation, as evidenced by a 17.48% increase in delivery volume compared to the five-day average.
In the broader market context, the stock's recent short-term performance contrasts sharply with the benchmark Sensex, which has remained relatively flat with a change of -0.01% over the past week. While Paradeep Phosphates Ltd has demonstrated strong long-term growth, including a 60.19% increase in net profit and consistent positive results over the last four quarters, its current valuation is considered expensive, with a high enterprise value to capital employed ratio. This valuation concern, coupled with the recent price decline, may be contributing to the stock's current downward movement despite its strong fundamentals and institutional support, which stands at 32.14%.