Why is Black Box falling/rising?

As of 18-Jul, Black Box Ltd's stock price is currently at Rs 529.50, reflecting a decrease of Rs 4.35 or 0.81%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days with a total decline of 2.75%. Today's trading saw the stock reach an intraday high of Rs 548.5 but also dip to a low of Rs 514.05. The volume of shares traded has decreased significantly, with delivery volume down by 51.2% compared to the five-day average, indicating a decline in investor participation. Despite this recent drop, the company has shown strong financial performance, with positive results for the last nine consecutive quarters and a low Debt to EBITDA ratio of 0.93 times, suggesting a solid ability to service its debt.
In the broader market context, Black Box Ltd's short-term performance over the past week has been positive at +0.61%, contrasting with the Sensex, which has declined by 0.90%. However, the year-to-date performance shows a significant underperformance of -18.41% compared to the Sensex's gain of 4.63%. While the stock has consistently generated returns over the last three years, outperforming the BSE500, the recent price decline may be attributed to reduced trading activity and investor interest, despite the company's strong fundamentals and consistent profitability.