Why is SignatureGlobal falling/rising?

As of 06-Oct, SignatureGlobal India Ltd is experiencing a decline in its stock price, currently at Rs 1,039.10, which reflects a decrease of Rs 12.55 or 1.19%. The stock has underperformed its sector by 1.64% today and is trading close to its 52-week low, just 2.71% away from Rs 1,010.95. Over the past week, the stock has fallen by 4.19%, and its year-to-date performance shows a significant drop of 23.26%. Despite the company reporting strong growth in net sales and operating profit, with a 66.34% increase in net sales and positive results for the last six consecutive quarters, the stock's valuation remains high with a Price to Book Value of 20.1, contributing to its recent price decline.
In the broader market context, the stock's performance has lagged behind the Sensex, which has gained 1.77% over the past week. This underperformance is further highlighted by the stock's negative returns of 32.53% over the past year, contrasting sharply with the Sensex's modest gain of 0.12% in the same period. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 85.6% against the five-day average, indicating reduced interest from investors. Overall, while the company shows potential for long-term growth, its current market performance and valuation concerns are driving the stock lower.