Why is PNGS Gargi FJ falling/rising?

As of 05-Jun, PNGS Gargi Fashion Jewellery Ltd is experiencing a decline in its stock price, currently at Rs 895.00, which represents a decrease of Rs 23.0 or 2.51%. The stock has underperformed its sector by 2.56% today and has been on a downward trend for the past two days, accumulating a total loss of 3.45%. In terms of returns, the stock has shown a positive performance over the past week with an increase of 5.42%, but it has significantly underperformed over the past month with a decline of 15.17%. Despite a strong long-term growth trajectory, including a 95.10% return over the past year, the stock's technical indicators are currently bearish, and investor participation has decreased, as evidenced by a 72.22% drop in delivery volume.
In the broader market context, the Sensex has shown a slight decline of 0.23% over the past week, contrasting with the stock's recent performance. While the stock has outperformed the market over the last year, the recent bearish technical trend and low domestic mutual fund participation suggest caution among investors. The company's low debt-to-equity ratio and impressive growth in net sales and operating profit indicate strong fundamentals; however, the expensive valuation and lack of confidence from domestic mutual funds may contribute to the stock's current downward movement.