Why is Servotech Renew falling/rising?

As of 03-Nov, Servotech Renewable Power System Ltd is experiencing a decline in its stock price, currently at 119.28, which reflects a decrease of 1.66 or 1.37%. The stock has underperformed its sector today, and it 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 2.17%, and it has seen a significant decline of 28.42% year-to-date and 38.11% over the past year. Despite strong financial indicators such as a low Debt to EBITDA ratio and healthy growth in net sales and operating profit, the stock's valuation appears expensive relative to its return on capital employed, contributing to its negative performance. Additionally, a decrease in institutional investor participation may signal a lack of confidence in the stock's future prospects.
In the broader market context, while the BSE500 index has generated a return of 3.92% over the past year, Servotech has significantly underperformed, with a return of -38.11%. This stark contrast highlights the challenges the company faces in attracting investor interest, particularly from institutional investors who have reduced their stakes in the company. The stock's recent performance, combined with its declining participation from institutional investors and its underperformance relative to the market, suggests that investor sentiment remains cautious, leading to the current downward trend in its stock price.