Why is D-Link India falling/rising?

As of 14-Aug, D-Link India Ltd is currently priced at Rs 491.00, reflecting a decrease of Rs 13.8, or 2.73%. The stock has underperformed its sector by 2.59% today, touching an intraday low of Rs 489.75. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly declined by 59.34% against the 5-day average, suggesting falling investor participation. Over the past week, the stock has decreased by 6.44%, and year-to-date, it has fallen by 10.03%. Despite these declines, the company maintains a healthy long-term growth outlook, with operating profit increasing at an annual rate of 34.04%, and it offers a high dividend yield of 4.1%, which may attract some investors.
In the broader market context, the Sensex has remained relatively stable, with only a slight decline of 0.03% over the past week and a 2.01% decrease over the past month. This indicates that D-Link's recent performance is not solely reflective of broader market trends, as it has underperformed significantly compared to the benchmark. While the stock has generated a negative return of 5.88% over the past year, its profits have risen by 10.2%, suggesting that the stock's valuation may still be attractive despite its recent price drop. The company's low debt-to-equity ratio and strong return on equity of 21.9 further support its potential for recovery, but current market sentiment appears to be weighing heavily on its stock price.