Why is Solar Industries falling/rising?

As of 12-Aug, Solar Industries India Ltd is experiencing a decline in its stock price, currently at Rs 14,579.00, which reflects a decrease of Rs 306.65 or 2.06%. The stock has underperformed its sector by 1.24% today, touching an intraday low of Rs 14,519.75. Additionally, the stock has shown negative returns over the past week and month, with declines of 2.27% and 5.28%, respectively. Despite a strong long-term performance, including a year-to-date increase of 48.54%, recent trading activity indicates falling investor participation, as evidenced by a significant drop in delivery volume by 42.21% against the 5-day average. The stock's moving averages suggest mixed signals, being higher than the 100-day and 200-day averages but lower than the shorter-term averages.
In the broader market context, the Sensex has also shown a decline of 0.59% over the past week and 2.75% over the past month, indicating that the stock's short-term performance is worse than the benchmark. While Solar Industries has demonstrated strong fundamentals, including a high return on capital employed and consistent sales growth, its current valuation appears expensive with a price-to-book ratio of 30.1. This valuation, combined with a high PEG ratio of 2.9, may be contributing to investor caution. Overall, despite the company's strong long-term growth prospects and institutional support, the recent price movement reflects a combination of short-term underperformance and valuation concerns.