Why is Servotech Renew falling/rising?

As of 03-Sep, Servotech Renewable Power System Ltd is currently priced at 124.66, reflecting a decrease of 0.8, or 0.64%. The stock has underperformed its sector today by 1.23%, and its delivery volume has fallen by 23.53% compared to the 5-day average, indicating a decline in investor participation. Over the past month, the stock has decreased by 6.90%, and year-to-date, it has seen a significant drop of 25.20%. Despite showing strong long-term growth with net sales increasing at an annual rate of 64.91% and operating profit at 95.99%, the stock's valuation appears expensive with a ROCE of 18.5 and a high enterprise value to capital employed ratio of 10.6. Additionally, domestic mutual funds hold no stake in the company, which may reflect a lack of confidence in its current valuation.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark Sensex, which has increased by 0.01% over the past week, while Servotech's return was 0.06%. However, the stock's longer-term performance has been disappointing, with a 12.89% decline over the past year compared to a 2.23% decline in the Sensex. This underperformance, coupled with the company's high valuation metrics and lack of mutual fund investment, suggests that investors may be cautious about the stock's future prospects despite its recent positive financial results.