Why is Va Tech Wabag falling/rising?

As of 25-Aug, Va Tech Wabag Ltd's stock price is currently at 1,583.95, reflecting a decline of 7.0 points or 0.44%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.18% during this period. Additionally, the stock's performance over the past week and month shows a decrease of 1.69% and 2.35%, respectively, while it has generated a positive return of 17.33% over the past year. Despite these positive annual returns, the stock is currently trading below its 5-day moving average and has seen a significant drop in delivery volume, indicating falling investor participation. The company has a low debt-to-equity ratio and has reported strong financial growth, with a PAT increase of 23.75% and net sales growth of 21.11% in the latest six months, which suggests a fair valuation despite the recent price decline.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 0.45% over the past week. This indicates that while the market is generally experiencing upward momentum, Va Tech Wabag is not keeping pace. The stock's high institutional ownership, which has increased by 0.76% in the previous quarter, suggests that knowledgeable investors are still confident in the company's fundamentals. However, the recent price drop and underperformance relative to the benchmark may reflect short-term market sentiment or profit-taking by investors, despite the company's solid long-term growth trajectory and consistent returns over the past three years.