Why is Uno Minda falling/rising?

As of 03-Sep, Uno Minda Ltd's stock price is currently at 1,283.25, reflecting a decrease of 18.85 points or 1.45%. The stock has underperformed its sector today by 1.04% and has experienced a consecutive decline over the last two days, resulting in a total drop of 2.78%. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 22.94% increase over the past month and a remarkable 690.79% rise over the last five years. The company benefits from a low Debt to EBITDA ratio of 0.98, indicating a strong ability to service debt, and has demonstrated healthy long-term growth with net sales increasing at an annual rate of 31.47%. However, the stock's valuation appears expensive with a ROCE of 15.7 and a PEG ratio of 4.5, which may be contributing to investor caution.
In the broader market context, Uno Minda's recent performance contrasts with the Sensex, which has seen a slight decline of 0.27% over the past week. While the stock has outperformed the benchmark in the long term, generating a 9.31% return over the last year compared to the Sensex's drop of 2.41%, the current short-term underperformance may be influenced by falling investor participation, as evidenced by a significant drop in delivery volume. The stock remains liquid enough for trading, but the recent price movement suggests that investors are weighing the company's strong fundamentals against its high valuation metrics, leading to a cautious approach in the current market environment.