Why is D-Link India falling/rising?

As of 20-Aug, D-Link India Ltd's stock price is currently at Rs 491.85, reflecting a decrease of Rs 13.15 or 2.6%. The stock has underperformed its sector by 2.12% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 490, indicating a decline of 2.97%. Additionally, D-Link India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.57%, and its year-to-date performance shows a decline of 9.88%. Despite these negative movements, the company has a low debt-to-equity ratio and has shown healthy long-term growth with an operating profit increase of 34.04% annually, which may provide some support for its valuation.
Broader market context indicates that while D-Link India has faced a decline, the benchmark Sensex has gained 1.64% over the past week. This stark contrast highlights the stock's underperformance relative to the broader market. The company's high dividend yield of 4.1% and attractive valuation with a return on equity of 21.9% suggest potential long-term appeal; however, the recent drop in investor participation and the stock's negative returns over the past year, coupled with a PEG ratio of 1.6, may be contributing to the current downward pressure on its price.