Why is PB Fintech. falling/rising?

As of 16-Jul, PB Fintech Ltd's stock price is currently at Rs 1,812.15, reflecting a decrease of Rs 46.85 or 2.52%. The stock has underperformed its sector by 2.29% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 1,809, indicating a decline of 2.69%. Over the past week, the stock has decreased by 2.45%, and over the past month, it has fallen by 4.68%. Despite strong long-term fundamentals, including a 35.06% CAGR growth in operating profits and consistent positive results over the last 12 quarters, the stock's current performance is hindered by a very expensive valuation and declining investor participation, with delivery volume dropping by 43.08% against the 5-day average.
In the broader market context, the Sensex has shown a decline of only 1.08% over the past week, indicating that PB Fintech's short-term performance is lagging behind the benchmark. While the stock has generated a return of 27.18% over the past year, it is trading at a premium compared to its peers, which may be contributing to the current downward pressure. The high institutional holdings at 68.88% suggest confidence in the company's long-term potential, but the stock's recent price movement reflects concerns over its valuation and immediate market sentiment.