Why is D-Link India falling/rising?

As of 02-Sep, D-Link India Ltd's stock price is currently at 480.50, reflecting an increase of 2.5, or 0.52%. The stock has been gaining for the last two days, with a total return of 1.26% during this period. Despite a recent outperformance against its sector by 0.68%, the stock has shown a decline of 5.52% over the past month and a significant drop of 20.35% over the past year. The company maintains a healthy operating profit growth rate of 34.04% annually and a high dividend yield of 4.16%, which may contribute positively to investor sentiment. However, the stock is trading at a premium compared to its peers, and there has been a notable decrease in investor participation, with delivery volume falling by 35.77% against the five-day average.
In the broader market context, D-Link India has outperformed the Sensex in the short term, with a 1-week return of +3.47% compared to the benchmark's -0.78%. This indicates that while the stock has faced longer-term challenges, it is currently experiencing a positive momentum relative to the market. The company's low debt-to-equity ratio and attractive valuation metrics, such as a return on equity of 21.9 and a PEG ratio of 1.6, suggest a stable financial position, which may help support its stock price amidst broader market fluctuations.