Why is Shilchar Tech falling/rising?

As of 11-Sep, Shilchar Technologies Ltd is currently priced at 4,624.25, reflecting a rise of 10.9 points or 0.24%. The stock has been gaining for the last two days, with a total return of 5.95% during this period. However, it has underperformed its sector by 1.29% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this, the company has shown strong financial performance, with net sales growing at an annual rate of 58.57% and operating profit increasing by 189.75%. The stock has generated a return of 23.30% over the past year, outperforming the BSE500 in each of the last three annual periods. Nonetheless, it is considered to have a very expensive valuation with a high Price to Book Value of 15.1, which may deter some investors. In the broader market context, Shilchar Technologies has underperformed the benchmark Sensex in the short term, with a 1-week return of -1.61% compared to the Sensex's +1.03%. This disparity indicates that while the stock has shown strong long-term growth, its recent performance has not kept pace with the overall market. Additionally, the lack of domestic mutual fund investment in the company may reflect caution among institutional investors regarding its current valuation and future prospects.