Why is Uno Minda falling/rising?

As of 29-Aug, Uno Minda Ltd's stock price is currently at Rs 1,279.00, reflecting a decrease of Rs 17.55 or 1.35%. The stock has shown a strong performance over the past month, with a return of 19.32%, and has outperformed the Sensex, which declined by 1.88% during the same period. Despite today's decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Additionally, the stock is only 1.77% away from its 52-week high, and there has been a notable increase in investor participation, with delivery volume rising by 68.45% compared to the 5-day average. The company's strong fundamentals, including a low Debt to EBITDA ratio and healthy long-term growth in net sales and operating profit, support its positive outlook. However, the stock's valuation appears expensive with a high PEG ratio, which may contribute to the recent price decline.
In the broader market context, Uno Minda's short-term performance has been favorable compared to the benchmark, as it has generated a 1.05% return over the past week while the Sensex has fallen by 1.84%. This indicates that the stock is maintaining a relative strength against the market despite today's drop. The high institutional holdings suggest confidence from larger investors, which can provide stability. However, the overall market sentiment may be affecting the stock's price, as it has underperformed its sector by 1.88% today. While the company has demonstrated strong financial metrics and growth potential, the combination of high valuation concerns and market fluctuations may be influencing the current price movement.