Why is Servotech Renew falling/rising?

As of 23-Sep, Servotech Renewable Power System Ltd is currently priced at 129.58, reflecting a decrease of 1.48, or 1.13%. The stock has underperformed its sector today by 0.38%, and while it is higher than its 20-day moving average, it is lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.59%, contrasting with a modest decline of 0.28% in the Sensex. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 19.12% against the 5-day average. Despite strong financial metrics, such as a low Debt to EBITDA ratio and impressive growth in net sales and operating profit, the stock's valuation appears expensive, leading to a lack of interest from domestic mutual funds, which hold no stake in the company.
Broader market context shows that while the stock has underperformed significantly over the past year with a return of -29.13%, the broader market (BSE500) has only declined by 4.69%. This stark difference indicates that investor sentiment towards Servotech is particularly negative compared to the overall market. The company's recent performance, including a substantial increase in profits despite the stock's decline, suggests a disconnect between its financial health and market perception. This may be contributing to the stock's current downward movement, as investors remain cautious given the high valuation and lack of confidence from institutional investors.