Why is Prudent Corp falling/rising?

As of 24-Jul, Prudent Corporate Advisory Services Ltd is experiencing a slight decline in its stock price, currently at 2,965.65, reflecting a decrease of 3.1 points or 0.1%. Despite this recent drop, the stock has shown strong performance over the past week, with a return of 2.12%, and has outperformed the Sensex, which saw a minor decline of 0.09%. However, it has been losing ground for the last two days, with a total decline of 1.01% during this period. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Nonetheless, there has been a significant drop in investor participation, with delivery volume falling by 66.33% compared to the 5-day average, which may be contributing to the recent price decline.
In the broader market context, Prudent Corp's recent performance contrasts with the Sensex, which has shown minimal movement. The stock has demonstrated impressive returns over longer periods, including a 37.94% increase over the past year, significantly outperforming the benchmark. The company's strong fundamentals, such as a high return on equity and consistent growth in net sales and operating profit, support its long-term value. However, the stock is considered expensive relative to its peers, with a high price-to-book value and a PEG ratio of 1.5, which may deter some investors in the short term. Overall, while the stock has a solid foundation, the recent decline could be attributed to reduced trading activity and concerns over its valuation.