Why is Servotech Renew falling/rising?

As of 04-Aug, Servotech Renewable Power System Ltd is experiencing a decline in its stock price, currently at 132.74, which reflects a decrease of 1.16 or 0.87%. The stock has been on a downward trend, losing value for the last three consecutive days, resulting in a total decline of 7.01% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a strong ability to service debt and healthy long-term growth metrics, including a significant increase in net sales and operating profit, the stock's recent performance has been negatively impacted by its high valuation and lack of domestic mutual fund interest, which may signal investor caution.
In the broader market context, the stock's performance over the past week shows a decline of 2.75%, while the benchmark Sensex has increased by 0.17%. Over the past month, Servotech has fallen by 9.50%, contrasting with the Sensex's decline of 2.90%. Although the company has demonstrated consistent returns over the last three years and positive quarterly results, the current market sentiment appears to be influenced by its expensive valuation and minimal domestic mutual fund holdings, suggesting a lack of confidence among institutional investors.