Why is Solar Industries falling/rising?

As of 23-Jul, Solar Industries India Ltd's stock price is currently at 14,827.00, reflecting a decline of 117.95 points, or 0.79%. The stock has been underperforming recently, having fallen for the last two consecutive days, with a total decrease of 0.82% during this period. In the past week, the stock has decreased by 2.52%, while over the last month, it has seen a significant drop of 13.22%. Despite these short-term declines, the stock has shown strong long-term performance, with a year-to-date increase of 51.06% and a remarkable 426.51% rise over the last three years. However, the recent performance has been impacted by a notable decrease in investor participation, as evidenced by a 58.2% drop in delivery volume compared to the five-day average. While the company boasts strong fundamentals, including a high Return on Capital Employed (ROCE) and consistent positive results over the last four quarters, its current valuation appears expensive, which may be contributing to the stock's recent downward movement.
In the broader market context, Solar Industries has underperformed against the benchmark Sensex, which has gained 0.11% over the past week. This contrast highlights the stock's recent struggles, particularly as it has not kept pace with the overall market trend. The company's strong long-term growth metrics, such as a healthy annual growth rate in net sales and operating profit, suggest potential for recovery. However, the stock's current price movement reflects investor caution, likely influenced by its high valuation metrics and declining short-term performance relative to the benchmark.