Why is Servotech Renew falling/rising?

As of 04-Sep, Servotech Renewable Power System Ltd is currently priced at 123.62, reflecting a decrease of 1.04, or 0.83%. The stock has underperformed in the short term, with a 1-month return of -6.87%, while the Sensex has remained relatively flat with a return of +0.05%. Today's performance indicates that the stock has outperformed its sector by 0.29%, but it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, there has been a decline in investor participation, with a 7.44% drop in delivery volume compared to the 5-day average. Although the company has demonstrated strong financial health with a low Debt to EBITDA ratio and positive results over the last four quarters, the stock's valuation appears expensive relative to its peers, which may contribute to its recent price decline.
In the broader market context, Servotech's performance has been notably weaker than the benchmark, as it has generated a return of -15.03% over the past year compared to the BSE500's -4.38%. This significant underperformance may indicate a lack of confidence among investors, as evidenced by the absence of domestic mutual fund holdings in the company. Despite the company's impressive growth metrics, such as a 64.91% annual increase in net sales and a 166.1% rise in profits, the market's perception of its valuation and the lack of institutional support could be driving the stock's price down.