Why is Paradeep Phosph. falling/rising?

As of 09-Sep, Paradeep Phosphates Ltd is experiencing a decline in its stock price, currently at Rs 183.10, which reflects a decrease of Rs 1.4 or 0.76%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 19.73% during this period. Despite a strong long-term growth trajectory, with a net profit increase of 60.19% and positive results over the last four quarters, the stock's recent performance has been overshadowed by a significant drop in short-term returns, with a 1-week decline of 13.98% and a 1-month decline of 18.53%. Additionally, the stock is trading below its 5-day, 20-day, and 50-day moving averages, indicating a bearish trend.
In the broader market context, Paradeep Phosphates Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.18% over the past week and 1.56% over the past month. This underperformance relative to the benchmark highlights investor concerns despite the company's strong fundamentals, such as high institutional holdings and robust operating profit growth. The stock's expensive valuation, indicated by a high enterprise value to capital employed ratio, may also be contributing to its recent price decline, as investors reassess its worth in light of its recent profit growth and overall market conditions.