Why is The Anup Enginee falling/rising?

As of 16-Jul, The Anup Engineering Ltd's stock price is currently at Rs 2,848.40, reflecting a decline of Rs 62.2 or 2.14%. Today's performance indicates that the stock has underperformed its sector by 2.5%, following a trend reversal after two consecutive days of gains. The stock reached an intraday low of Rs 2,834.35, marking a decrease of 2.62%. Over the past week, the stock has decreased by 1.91%, while it has shown a positive return of 4.57% over the past month. Despite a strong performance over the last year with a 55.05% increase, the stock has faced challenges, including a significant year-to-date decline of 17.84%. Factors such as high management efficiency, a low debt-to-equity ratio, and positive quarterly results have been overshadowed by concerns over poor long-term growth and high valuation metrics, including a PEG ratio of 4.
In the broader market context, the stock's recent performance has been weaker than the benchmark Sensex, which has declined by only 1.08% over the past week. While institutional investors have increased their stake in the company, indicating confidence in its fundamentals, the overall market sentiment appears cautious due to the stock's high valuation compared to its peers. The stock's liquidity remains adequate for trading, but falling investor participation, as evidenced by a 10.13% drop in delivery volume, suggests a potential lack of interest from retail investors. This combination of factors contributes to the stock's current downward movement despite its historical performance and recent positive developments.