Why is VTM falling/rising?

As of 23-Jul, VTM Ltd's stock price is currently flat at 116.50, with no change in percentage terms (0.00%). The stock has underperformed its sector by 1.19% today, despite higher delivery volume indicating rising investor participation. Over the past week, the stock has decreased by 2.18%, while it has shown impressive growth over the longer term, with a 316.07% return in the last year and a staggering 1436.94% over the past five years. The company has demonstrated strong financial performance, with significant growth in net sales and operating profit, and has consistently declared positive results for the last four quarters. However, the stock is considered very expensive with a high Price to Book Value ratio, which may deter some investors.
In the broader market context, the Sensex has increased by 0.11% over the past week, contrasting with VTM's decline. While VTM has outperformed the benchmark over the long term, the recent short-term underperformance may reflect investor caution due to its high valuation and the lack of domestic mutual fund investment, which could indicate a lack of confidence at current price levels. Overall, while the company shows strong growth potential, the current market sentiment appears to be weighing on the stock's price in the short term.