Why is Syrma SGS Tech. falling/rising?

As of 22-Sep, Syrma SGS Technology Ltd is currently priced at 816.25, reflecting a decrease of 11.5 points or 1.39%. The stock has recently underperformed its sector by 0.33% and has experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, the stock has shown strong performance over various periods, with a 1-week return of 1.61%, a 1-month return of 9.48%, and an impressive year-to-date return of 38.20%. The company has a low debt-to-equity ratio of 0.25, indicating financial stability, and has reported healthy growth in net sales and operating profit. Additionally, it has declared positive results for the last four consecutive quarters, contributing to its strong long-term performance, which includes an 84.26% return over the past year.
In the broader market context, while Syrma SGS Technology Ltd has outperformed the Sensex in both the short and long term, the stock's recent decline may be attributed to a natural correction after a period of gains. The stock's performance over the last year has significantly exceeded the benchmark, which has seen a decline of 2.82%. However, the stock is currently trading at a high valuation with a PEG ratio of 0.9, suggesting it may be considered expensive relative to its earnings growth. This valuation concern, combined with the recent trend reversal, could be influencing investor sentiment and contributing to the stock's current price movement.