Why is Shakti Pumps falling/rising?

As of 21-Aug, Shakti Pumps (India) Ltd is experiencing a decline in its stock price, currently at 852.85, which reflects a decrease of 15.15 points or 1.75%. The stock has underperformed its sector by 1.38% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.71%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite the company's strong fundamentals, including a high return on equity (ROE) of 19.67% and consistent positive results over the last seven quarters, the stock's performance has been lackluster, with a year-to-date decline of 19.85% compared to a 4.94% increase in the benchmark index.
In the broader market context, Shakti Pumps has underperformed significantly in the short term, with a 1-week return of -1.44% compared to a 1.74% gain in the Sensex. This trend indicates that while the company has shown impressive long-term growth and profitability, it is currently facing challenges that are affecting investor sentiment and participation, as evidenced by a 13.03% drop in delivery volume. The stock's high valuation, with a price-to-book ratio of 9.1, may also be contributing to its recent price decline, as investors may be reassessing its worth in light of its performance relative to peers.