Why is Tilaknagar Inds. falling/rising?

As of 27-Jun, Tilaknagar Industries Ltd is experiencing a decline in its stock price, currently at 349.80, which reflects a decrease of 4.1 points or 1.16%. The stock has underperformed its sector by 1.05% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.46% during this period. Over the past week and month, the stock has also shown negative returns of 3.16% and 3.45%, respectively, while its year-to-date performance is down by 17.19%. Despite a strong long-term growth outlook, with an annual operating profit growth rate of 35.95% and a net profit increase of 145.85%, the stock's recent performance has been hampered by falling investor participation, as evidenced by a significant drop in delivery volume.
In the broader market context, Tilaknagar Industries' recent performance contrasts sharply with the Sensex, which has gained 2.00% over the past week and 3.07% over the past month. While the stock has generated impressive returns of 41.13% over the last year and has consistently outperformed the BSE 500 in the past three years, its current valuation appears expensive with a Price to Book Value of 7.7. Additionally, the stock's recent struggles may be attributed to its declining short-term performance relative to the benchmark, alongside a decrease in retail investor activity, despite an increase in institutional investor stakes, which could indicate a divergence in market sentiment.