Why is Servotech Renew falling/rising?

As of 28-Aug, Servotech Renewable Power System Ltd is experiencing a decline in its stock price, currently at 122.09, reflecting a decrease of 2.5 or 2.01%. The stock has underperformed its sector by 1.28% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 3.34%, and it has seen a significant decline of 10.56% over the past month. Despite showing strong long-term growth with a 64.91% annual increase in net sales and a 95.99% rise in operating profit, the stock's performance has been hindered by a high valuation, as indicated by its ROCE of 18.5 and a PEG ratio of 0.5. Additionally, the lack of domestic mutual fund investment, which stands at 0%, may reflect a lack of confidence in the stock's current price.
In the broader market context, Servotech's recent performance has been notably worse than the benchmark, with a one-year return of -15.23% compared to the BSE500's decline of only -5.01%. This underperformance highlights the stock's struggles relative to the market, despite its positive financial indicators such as a low Debt to EBITDA ratio and consistent profitability over the last four quarters. The falling investor participation, evidenced by a 24.1% drop in delivery volume against the 5-day average, further suggests that investor sentiment may be cautious, contributing to the stock's downward trend.