Why is D P Wires falling/rising?

As of 09-Jul, D P Wires Ltd is currently priced at 239.60, reflecting an increase of 1.85 or 0.78%. The stock has outperformed its sector today by 1.5%, despite touching an intraday low of Rs 232, which represented a decline of 2.42%. Over the past week, the stock has shown a positive return of 1.72%, although it has underperformed over the past month with a decline of 2.86%. The company has a low Debt to Equity ratio and a return on equity of 8.9, indicating fair valuation, but it is trading at a premium compared to its peers. The stock has faced significant challenges, including a 47.17% drop in value over the past year and a 33.95% fall in net sales, leading to negative results for six consecutive quarters.
In the broader market context, while the Sensex has generated a return of 1.32% over the past month and 6.91% year-to-date, D P Wires has struggled significantly, with a year-to-date decline of 27.57%. The stock's performance has been notably poor in the long term, with an annual growth rate of operating profit at just 1.21% over the last five years. This stark contrast between the stock's performance and the benchmark indicates a lack of investor confidence, further exacerbated by the company's declining profits and sales figures.