Why is Black Box falling/rising?

As of 04-Jul, Black Box Ltd's stock price is currently at 539.55, reflecting a decrease of 9.45 points or 1.72%. Today's performance indicates that the stock has underperformed its sector by 1.48%, with an intraday low of Rs 530, marking a decline of 3.46%. Despite this, the stock has shown strong long-term performance, with a 46.70% return over the past year and impressive gains of 268.42% over three years. However, the company has faced challenges, such as a decline in investor participation, with delivery volume dropping by 39.21% against the five-day average. While the company has demonstrated a strong ability to service debt and has reported positive results for the last nine consecutive quarters, concerns about poor long-term growth and low domestic mutual fund holdings may be contributing to the recent price decline.
In the broader market context, Black Box's short-term performance contrasts with the Sensex, which has seen a slight decline of 0.74% over the past week. The stock's recent drop comes despite its historical outperformance against the benchmark, particularly over longer periods. The current market sentiment may be influenced by the company's relatively high valuation metrics and the perception of limited growth potential, as indicated by its modest annual sales growth of 3.63% over the last five years. This combination of factors suggests that while Black Box has had a strong historical performance, current market dynamics and investor sentiment are leading to a downward price movement.