Why is D-Link India falling/rising?

As of 20-Oct, D-Link India Ltd's stock price is currently at 452.05, reflecting a decline of 12.85 points or 2.76%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.28% 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. Additionally, the stock has underperformed the sector by 2.62% today. Over the past year, D-Link India has generated a negative return of 17.89%, while its profits have increased by 10.2%, suggesting that despite healthy long-term growth, the stock's valuation may not be appealing to investors, as indicated by the lack of domestic mutual fund investment.
In the broader market context, D-Link India's recent performance contrasts sharply with the Sensex, which has gained 2.47% over the past week and 7.97% year-to-date. This stark difference highlights the stock's struggle to attract investor confidence, especially given its flat results in the last quarter and a significant underperformance compared to the market. The company's low debt-to-equity ratio and high dividend yield of 4.4% may not be sufficient to offset the negative sentiment surrounding its recent earnings and the lack of institutional support, contributing to the stock's downward trajectory.