Why is Shilchar Tech falling/rising?

As of 01-Sep, Shilchar Technologies Ltd is experiencing a decline in its stock price, currently at 4,575.00, reflecting a decrease of 26.0 points or 0.57%. The stock has underperformed its sector by 2.55% today and has been on a consecutive downward trend for the last five days, resulting in a total decline of 5.51% during 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’s strong fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and operating profit, the stock's high valuation and lack of domestic mutual fund investment may be contributing to its recent price drop.
In the broader market context, Shilchar Technologies has underperformed compared to the Sensex, which has only declined by 1.56% over the past week, while Shilchar's stock has fallen by 4.81%. This stark contrast highlights the stock's weakness relative to the market. Although the company has shown consistent returns over the past three years and has reported positive results for the last 15 consecutive quarters, the high price-to-book value ratio and the absence of domestic mutual fund interest suggest that investors may be cautious about the stock's current valuation, leading to its recent decline.