Why is Uno Minda falling/rising?

As of 21-Aug, Uno Minda Ltd's stock price is currently at 1,228.75, reflecting a decrease of 5.25 points or 0.43%. The stock is trading close to its 52-week high, just 1.96% away from Rs 1,252.85, and has shown strong performance over various periods, with a 1-week return of 7.04% and a year-to-date return of 16.25%. However, there has been a notable decline in investor participation, with delivery volume falling by 31.93% compared to the 5-day average. Despite this, the company demonstrates strong fundamentals, including a low Debt to EBITDA ratio of 0.98 times and impressive growth in net sales and operating profit, which have increased at annual rates of 31.47% and 78.22%, respectively. High institutional holdings at 25.44% also suggest confidence in the company's long-term prospects.
In the broader market context, Uno Minda's recent performance has outpaced the benchmark Sensex, which has only gained 1.74% over the past week. The stock's consistent returns over the last three years, including a 5.10% return in the past year, further highlight its resilience compared to the broader market. However, the stock's valuation appears expensive with a ROCE of 15.7 and a PEG ratio of 4.3, which may raise concerns among investors. While the stock has outperformed the BSE500 in recent years, the combination of falling delivery volumes and high valuations could be contributing to the recent price decline.