Why is D & H India falling/rising?

As of 25-Aug, D & H India Ltd's stock price is currently at Rs 191.70, reflecting a decrease of Rs 3.2 or 1.64%. The stock has underperformed its sector by 1.14% today and has experienced a trend reversal, falling after two consecutive days of gains. It reached an intraday low of Rs 190.05, which is a decline of 2.49%. Over the past week, the stock has shown a positive return of 1.70%, but it has declined by 11.06% over the past month. Despite this recent downturn, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 63.48%. Positive results over the last three quarters, including a significant growth in profit after tax and net sales, contribute to a favorable outlook, although the stock's current price is lower than its longer-term moving averages.
In the broader market context, while D & H India has underperformed in the short term, it has outperformed the benchmark Sensex over the past year, generating a return of 23.52% compared to the Sensex's 0.68%. This indicates that despite recent price declines, the stock has shown resilience and strong performance over a longer horizon. The stock's attractive valuation, with a PEG ratio of 0.3 and a return on capital employed (ROCE) of 11.9, suggests that it may still hold potential for investors, especially given its consistent returns over the last three years. However, the recent price drop may reflect short-term market sentiment rather than a fundamental deterioration in the company's financial health.