Why is Paradeep Phosph. falling/rising?

As of 18-Aug, Paradeep Phosphates Ltd is currently priced at 199.90, experiencing a decline of 0.4, or 0.2%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a significant 12.61% drop over the past week. Although the stock has shown strong long-term growth with an 80.17% increase year-to-date and a remarkable 135.43% rise over the past year, today's performance indicates a negative trend, compounded by a decrease in delivery volume by 10.49% against the five-day average. Despite the company's healthy long-term growth indicators, such as a 60.19% increase in net profit and consistent positive results over the last four quarters, the recent price movement reflects investor concerns about its current valuation and market performance.
In the broader market context, Paradeep Phosphates Ltd's recent short-term performance contrasts sharply with the Sensex, which has gained 0.83% over the past week. This underperformance relative to the benchmark suggests that investor sentiment may be shifting, despite the company's strong fundamentals and high institutional holdings. The stock's expensive valuation, indicated by a high enterprise value to capital employed ratio, may also be contributing to its recent decline, as investors reassess the stock's price in light of its recent performance. Overall, while the company has demonstrated robust growth and profitability, the current market dynamics and recent price trends indicate a cautious outlook among investors.