Why is D-Link India falling/rising?

As of 28-Aug, D-Link India Ltd's stock price is currently at 479.95, reflecting an increase of 15.55 or 3.35%. Today's performance indicates a trend reversal, as the stock has gained after five consecutive days of decline. It outperformed its sector by 4.39% and reached an intraday high of Rs 483.9. However, despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has underperformed significantly with a return of -20.23%, while the company's profits have risen by 10.2%. The company maintains a low debt-to-equity ratio and a high dividend yield of 4.31%, which may attract some investors despite the recent flat results in profitability.
In the broader market context, D-Link India's short-term return of -2.25% over the past week is slightly better than the Sensex's decline of -2.34%. However, the stock has underperformed the market over the last year, where the BSE500 index fell by -5.01%. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence among institutional investors, which could further impact the stock's performance. Overall, while there are some positive indicators such as rising investor participation and healthy long-term growth, the stock's recent performance and broader market trends indicate a cautious outlook.