Why is Times Guaranty falling/rising?

As of 27-Jun, Times Guaranty Ltd is experiencing a decline in its stock price, currently at Rs 175.50, which reflects a decrease of Rs 5.65 or 3.12%. Today's performance indicates that the stock has underperformed its sector by 3.21%, with an intraday low of Rs 172, marking a drop of 5.05%. Despite this decline, the stock has shown strong performance over the past year, generating a return of 31.12%, and has consistently outperformed the BSE 500 in the last three annual periods. However, the stock is facing challenges, including weak long-term fundamental strength, as indicated by an average Return on Equity (ROE) of 6.13% and a poor growth rate in net sales of only 1.41% annually. Additionally, while institutional investors have increased their stake, the stock's high valuation relative to its peers may be a concern for potential investors.
In the broader market context, the stock's short-term performance over the past week shows a gain of 1.56%, which is lower than the benchmark Sensex's increase of 2.00%. Over the past month, Times Guaranty has returned 8.84%, again lagging behind the Sensex's 3.07% rise. The decline in delivery volume by 74.95% compared to the 5-day average indicates falling investor participation, which could further pressure the stock price. While the stock has demonstrated strong returns over the long term, the combination of high valuation, weak sales growth, and declining participation suggests a cautious outlook for investors.