Why is Solar Industries falling/rising?

As of 25-Jul, Solar Industries India Ltd is experiencing a decline in its stock price, currently at 14,507.65, reflecting a decrease of 257.35 points or 1.74%. The stock has underperformed its sector by 0.44% today and has been on a consecutive downward trend for the last four days, accumulating a total decline of 2.96% during this period. Over the past week, the stock has decreased by 2.63%, and in the last month, it has fallen by 14.63%. Despite these short-term declines, the stock has shown strong long-term performance, with a year-to-date increase of 47.81% and a one-year return of 42.00%. The company has demonstrated solid fundamentals, including a high Return on Capital Employed (ROCE) of 30.00% and consistent growth in net sales and operating profit, which may support its long-term value despite current price pressures.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only declined by 0.36% over the past week and 1.56% over the past month. This indicates that the stock's short-term struggles are more pronounced than the overall market trend. Additionally, the falling investor participation, evidenced by a decrease in delivery volume, suggests a lack of confidence among investors, which could be contributing to the stock's price decline. While the company boasts high institutional holdings and has consistently outperformed its peers over the last three years, the current valuation concerns, including a high Price to Book Value ratio, may be causing some investors to reassess their positions, leading to the recent price drop.