Why is Paradeep Phosph. falling/rising?

As of 08-Sep, Paradeep Phosphates Ltd is experiencing a decline in its stock price, currently at Rs 184.50, which represents a decrease of Rs 16.5 or 8.21%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total return of -19.11% over that period. Today's trading saw the stock touch an intraday low of Rs 182.3, indicating significant volatility with an intraday fluctuation of 7.28%. Despite a strong long-term growth outlook, including a 60.19% increase in net profit and consistent positive quarterly results, the stock's current performance is hindered by a high valuation and declining investor participation, as evidenced by a 6.69% drop in delivery volume compared to the five-day average.
In the broader market context, Paradeep Phosphates Ltd's short-term performance has significantly lagged behind the Sensex, which has gained 0.53% over the past week. While the stock has shown impressive long-term returns, including a 113.05% increase over the past year, the recent downturn suggests that investors are reacting to the stock's high valuation metrics and recent volatility. The company's strong institutional holdings may provide some support, but the current market sentiment appears cautious, leading to the stock's decline amid broader market stability.