Why is Radico Khaitan falling/rising?

As of 07-Aug, Radico Khaitan Ltd. is experiencing a decline in its stock price, currently at 2,830.00, which reflects a decrease of 7.25 points or 0.26%. The stock has been losing value for the last two days, with a total drop of 2.03% during this period. Despite this recent downturn, Radico Khaitan has shown strong performance over the longer term, with a 68.50% return over the past year and a remarkable 206.92% increase over the last three years. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend prior to this recent decline. However, there has been a notable decrease in investor participation, with delivery volume falling by 29.63% against the 5-day average, which may contribute to the stock's current price movement.
In the broader market context, Radico Khaitan's short-term performance contrasts with the benchmark Sensex, which has declined by 0.69% over the past week. This suggests that while the stock has outperformed the market in the long term, it is currently facing challenges that may be affecting investor sentiment. The company's strong fundamentals, including a low Debt to EBITDA ratio and consistent growth in net sales and profits, support its valuation; however, the stock is considered expensive based on its ROCE and PEG ratio. These mixed signals may lead to cautious trading behavior among investors, impacting the stock's price negatively in the short term.