Why is D-Link India falling/rising?

As of 11-Aug, D-Link India Ltd's stock price is currently at 505.00, reflecting an increase of 5.2, or 1.04%. Today, the stock opened with a gain of 3.68% and reached an intraday high of Rs 518.2. Despite this positive movement, the stock has underperformed its sector by 0.31%. Over the past week, D-Link India has seen a decline of 2.03%, and its performance over the last month shows a drop of 7.72%. However, the company has demonstrated healthy long-term growth, with an operating profit growth rate of 34.04% annually and a return on equity (ROE) of 21.9. The stock is trading at a premium compared to its peers, and its high dividend yield of 4% at the current price may attract investors despite the recent negative returns.
In the broader market context, D-Link India's short-term performance has been weaker than the benchmark Sensex, which has only declined by 0.51% over the past week. The stock's year-to-date performance shows a decline of 7.47%, contrasting with the Sensex's gain of 3.15%. This indicates that while D-Link India is experiencing some upward movement today, it has struggled to keep pace with the overall market trends. The rising investor participation, evidenced by a significant increase in delivery volume, may suggest a potential turnaround, but the stock's overall negative returns over the past year highlight ongoing challenges.