Why is Saint-Gob. Sekur falling/rising?

As of 12-Sep, Saint-Gobain Sekurit India Ltd is currently priced at 117.30, reflecting an increase of 0.4 (0.34%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 0.6% during this period. However, it has underperformed in the short term, with a 1-week return of -0.72% compared to the Sensex's gain of +1.48%. Despite a healthy operating profit growth rate of 57.50% and positive quarterly results, the stock's valuation appears high with a Price to Book Value of 5, which may deter some investors. Additionally, the significant drop in delivery volume by 69.62% against the 5-day average indicates a decline in investor participation, which could be a concern for future price stability.
In the broader market context, the stock's performance has lagged behind the benchmark indices, with a year-to-date return of -9.77% compared to the Sensex's +4.82%. While the stock has shown some resilience over a longer time frame, such as a 3-year return of +14.94%, its recent performance has not kept pace with the market, which has generated a negative return of -1.28% over the past year. The low stake held by domestic mutual funds at only 0.01% may reflect a lack of confidence in the stock's current valuation, further contributing to its underperformance relative to the broader market.