Why is D B Corp falling/rising?

As of 24-Jul, D B Corp Ltd's stock price is currently at 280.15, reflecting a decrease of 1.4 points or 0.5%. The stock has been experiencing a downward trend, having fallen for the last two days, resulting in a total decline of 1.98% during this period. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 30.97% compared to the 5-day average. Over the past year, the stock has generated a return of -20.19%, coinciding with a significant profit decline of 28.1%. However, the company maintains a high dividend yield of 6.04%, and the promoters have shown increased confidence by raising their stake by 0.53%, indicating a positive outlook for the business.
In the broader market context, D B Corp's short-term performance has been slightly worse than the benchmark, with a 1-week return of -0.80% compared to the Sensex's -0.09%. Despite this, the stock has outperformed the benchmark over the longer term, with a 3-year return of 245.86% versus the Sensex's 46.57%. The company's market capitalization of Rs 5,018 crore positions it as the largest in its sector, accounting for 27.21% of the industry. While the stock's recent performance has been challenged by declining returns and investor participation, the high dividend yield and rising promoter confidence could provide some support for its valuation moving forward.