Why is Solar Industries falling/rising?

As of 30-Jul, Solar Industries India Ltd's stock price is currently at 14,499.00, reflecting a decrease of 21.0 points or 0.14%. The stock has underperformed its sector today by 1.18%. In terms of returns, the stock has seen a decline of 2.21% over the past week and 17.58% over the past month, while it has performed well year-to-date with a gain of 47.72%. The company has shown strong long-term fundamentals, with a robust Return on Capital Employed (ROCE) of 30.00% and significant growth in net sales and operating profit. However, despite these strengths, the stock's valuation appears high with a Price to Book Value of 29.9, which may be contributing to its recent price decline.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has decreased by 1.50% over the same week. While Solar Industries has consistently generated positive returns over the last three years, the recent underperformance compared to the benchmark and sector may be influencing investor sentiment. Additionally, the company's high institutional holdings suggest confidence among knowledgeable investors, yet the stock's expensive valuation relative to its peers could be causing caution among retail investors, contributing to the current price decline.