Why is PTC Industries falling/rising?

As of 06-Oct, PTC Industries Ltd is currently priced at Rs 16,600.00, reflecting a decrease of Rs 17.75 or 0.11%. The stock has experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week, with a return of 9.21%, and has outperformed the benchmark Sensex, which returned 1.77% in the same period. The stock is trading above its moving averages, indicating a generally positive trend, and has seen a significant increase in investor participation, with delivery volume rising by 195.78% against the five-day average. However, the company faces challenges, including weak long-term fundamental strength with an average Return on Equity (ROE) of 5.78% and a high Price to Book Value ratio of 17.9, which suggests it may be overvalued compared to its peers.
In the broader market context, PTC Industries has outperformed the Sensex significantly over various periods, including a year-to-date return of 23.47% compared to the Sensex's 4.67%. This strong performance may have contributed to heightened investor interest, although the recent price drop indicates some profit-taking or market correction. The company's consistent returns over the last three years, coupled with its status as the largest player in its sector, provide a solid foundation, yet the recent flat results and declining profitability metrics may be causing concern among investors, leading to the current price movement.