Why is SignatureGlobal falling/rising?

As of 24-Sep, SignatureGlobal India Ltd is experiencing a decline in its stock price, currently at 1,093.00, which reflects a decrease of 13.5 points or 1.22%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 1.77%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.71%, while its performance over the last month shows a decline of 2.42%. Despite the company reporting strong growth in net sales and operating profit, the stock has generated a significant negative return of 30.34% over the past year, indicating a troubling trend despite positive financial results in recent quarters.
In the broader market context, the stock's short-term performance is notably worse than the benchmark, with the Sensex only declining by 1.18% over the same week. The construction and real estate sector, where SignatureGlobal operates, has also seen a downturn of 2.38%, contributing to the stock's struggles. Furthermore, there has been a marked decrease in investor participation, with delivery volume dropping by 58.29% compared to the 5-day average. Although the company has a low debt-to-equity ratio and has shown healthy long-term growth, its high valuation metrics, such as a price-to-book value of 21.1, and a poor return on equity of 13.9, suggest that the stock may be perceived as overvalued, leading to further selling pressure in a challenging market environment.