Why is D-Link India falling/rising?

As of 21-Aug, D-Link India Ltd is experiencing a decline in its stock price, currently at 491.00, which reflects a decrease of -0.85 or -0.17%. The stock has been losing value for the last two days, with a total drop of -2.77% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 94.31% compared to the 5-day average. Over the past month, the stock has fallen by -6.28%, and it has underperformed significantly on a year-to-date basis with a decline of -10.03%, while its profits have increased by 10.2%. The company maintains a low debt-to-equity ratio and offers a high dividend yield of 4.07%, which may provide some support to its valuation.
In the broader market context, D-Link India's short-term performance has lagged behind the benchmark Sensex, which has gained 1.74% over the past week. The stock's longer-term returns also show a stark contrast, with a -16.04% decline over the past year compared to the Sensex's modest gain of 1.35%. While the company has demonstrated healthy long-term growth with an annual operating profit increase of 34.04%, the current market sentiment appears to be cautious, reflected in the stock's recent price movements. The stock's premium valuation compared to peers and its attractive return on equity of 21.9% may not be sufficient to offset the negative sentiment driving its recent decline.