Why is D-Link India falling/rising?

As of 18-Aug, D-Link India Ltd's stock price is currently at 496.40, reflecting an increase of 5.4, or 1.1%. Today's price summary indicates that the stock opened with a gain of 3.45%, reaching an intraday high of Rs 507.95. However, it has underperformed its sector by 0.75% and has shown a decline of 4.90% over the past month. Despite this recent uptick, the stock has a negative year-to-date return of 9.04% and a one-year return of -8.41%. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 34.04%. The stock's attractive valuation, indicated by a return on equity of 21.9 and a high dividend yield of 4.07%, suggests potential for stability, even as it trades at a premium compared to peers.
In the broader market context, D-Link India’s recent performance contrasts with the Sensex, which has gained 0.83% over the past week and 4.01% year-to-date. The stock's short-term return has lagged behind the benchmark, as evidenced by its 1-week decline of 1.70% compared to the Sensex's positive return. This underperformance, coupled with falling investor participation and lower trading volumes, indicates a cautious sentiment among investors. While the stock has shown some positive movement today, its overall trend remains negative when viewed against the broader market and its historical performance.