Why is Servotech Renew falling/rising?

As of 13-Jun, Servotech Renewable Power System Ltd is currently priced at 148.49, reflecting a decrease of 3.31, or 2.18%. The stock has underperformed its sector today by 1.8%, with a delivery volume that has fallen by 30.36% compared to the 5-day average. Despite this decline, the stock has shown strong long-term growth, with net sales increasing at an annual rate of 67.34% and operating profit at 85.72%. The company has reported positive results for the last three consecutive quarters, including a net profit growth of 123.77%. However, it faces challenges with a high valuation indicated by a ROCE of 18.5 and a low domestic mutual fund holding, which may suggest a lack of confidence at current price levels.
In the broader market context, the stock has underperformed the benchmark Sensex in the short term, with a 1-week return of -5.02% compared to the benchmark's -1.14%. However, over the past month, Servotech has outperformed the Sensex with a return of 19.14% against the benchmark's 0.57%. While the stock has demonstrated strong long-term performance, including a remarkable 70.27% return over the past year, the recent price decline may be influenced by its expensive valuation relative to peers and reduced investor participation, indicating potential caution among investors.