Why is Shilchar Tech falling/rising?

As of 29-Aug, Shilchar Technologies Ltd is experiencing a decline in its stock price, currently at 4,601.00, reflecting a decrease of 60.85 points or 1.31%. The stock has underperformed its sector by 1.34% today and has been on a downward trend for the last four days, resulting in a total decline of 4.98% over this period. Additionally, Shilchar Technologies is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite the company showing strong financial performance with significant growth in net sales and operating profit, and a consistent track record of positive results over the last 15 quarters, the stock's high valuation and low domestic mutual fund interest may be contributing to its current price drop.
In the broader market context, Shilchar Technologies has underperformed compared to the Sensex, which has seen a decline of only 1.84% over the same one-week period, while Shilchar's performance has been notably worse with a 4.98% drop. This disparity suggests that investor sentiment may be more cautious regarding Shilchar Technologies, particularly given its high price-to-book value and the lack of domestic mutual fund investment, which could indicate a lack of confidence in the stock's current valuation despite its strong historical returns.