Why is Shradha AI Tech falling/rising?

As of 04-Sep, Shradha AI Technologies Ltd is currently priced at 40.30, reflecting a decrease of 0.7, or 1.71%. The stock has underperformed its sector by 2.11% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 3.19%. Over the past week, the stock has fallen by 2.61%, and its performance over the last month shows a decline of 4.80%. Despite a strong annual growth in net sales and operating profit, the stock's recent movement is hindered by falling investor participation, as evidenced by a 31.35% drop in delivery volume compared to the five-day average. Additionally, while the company has a low debt-to-equity ratio and has shown impressive growth metrics, it is facing a very expensive valuation with a Price to Book Value of 2.8, which may be contributing to investor caution.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.80% over the past week. The stock's year-to-date return of -27.39% starkly contrasts with the Sensex's positive return of 3.30%. While Shradha AI Technologies has outperformed the market over the past year with a return of 36.80%, the overall negative sentiment in the short term, combined with its recent underperformance and high valuation concerns, suggests that investors are currently wary, leading to the stock's decline.