Why is D-Link India falling/rising?

As of 19-Sep, D-Link India Ltd's stock price is currently at 504.50, reflecting an increase of 4.1, or 0.82%. The stock has shown a positive trend today, outperforming its sector by 1.28% and reversing a two-day decline. Despite this short-term gain, the stock has a mixed performance over different periods, with a 1-week return of +4.07% compared to the Sensex's +0.88%, but a year-to-date decline of -7.56% against the Sensex's +5.74%. The stock is trading above its 5-day, 20-day, and 200-day moving averages, but below its 50-day and 100-day moving averages. Additionally, the company boasts a high dividend yield of 4.01%, and its operating profit has grown at an annual rate of 34.04%, indicating healthy long-term growth potential. However, the stock's performance over the past year has been negative, with a return of -21.41%, despite a 10.2% increase in profits, which suggests that while the company is performing well operationally, the market has not reflected this in its stock price.
In the broader market context, D-Link India's recent performance contrasts with the benchmark, as it has outperformed the Sensex in the short term but lags behind in longer-term returns. The stock's decline over the past year, coupled with falling investor participation indicated by a 37.73% drop in delivery volume, suggests that investor sentiment may be cautious despite the company's solid fundamentals. The low debt-to-equity ratio and attractive valuation metrics, such as a 3.8 Price to Book Value and a PEG ratio of 1.7, indicate that the stock may be undervalued compared to its peers, which could attract investors looking for long-term growth. However, the overall market sentiment and recent declines may be weighing on the stock's price, leading to its fluctuating performance.