Why is Pokarna falling/rising?

As of 30-Jul, Pokarna Ltd's stock price is currently at 960.25, reflecting a decrease of 15.55 points or 1.59%. The stock has underperformed its sector by 1.66% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has declined by 7.24%, and in the last month, it has fallen by 4.45%. Despite a strong long-term performance, with a 31.43% return over the past year and a remarkable 606.33% increase over five years, recent quarterly results showed flat performance, with a significant drop in net sales and profit after tax. Additionally, while the stock has high institutional holdings at 21.11%, indicating confidence from larger investors, the expensive valuation and low recent earnings growth may be contributing to the current price decline. In the broader market context, the Sensex has decreased by 1.50% over the past week and 2.54% over the past month, indicating a challenging environment for stocks in general. While Pokarna has outperformed the benchmark in the long term, its recent performance contrasts with the overall market trend, suggesting that investors may be reacting to the company's disappointing quarterly results and high valuation metrics. The stock's liquidity remains adequate, but the combination of underwhelming financial results and a decline in short-term performance relative to the benchmark may be driving the current downward movement.