Why is D P Wires falling/rising?

As of 18-Jul, D P Wires Ltd's stock price is currently at 230.95, reflecting a slight increase of 0.15 (0.06%). The stock has been gaining for the last three days, with a total return of 2.35% during this period. However, it has underperformed its sector by 0.26% today. The stock's performance over the past week shows a gain of 0.90%, but it has significantly underperformed over the longer term, with a year-to-date decline of 30.18% and a one-year return of -48.55%. The company has reported a low debt-to-equity ratio and a fair valuation with a price-to-book value of 1.4, but it has also faced declining profits, with a 38.8% drop in earnings over the past year, contributing to its poor performance.
In the broader market context, while the Sensex has shown a positive return of 0.38% over the past month, D P Wires has only managed a gain of 1.61% during the same period. This indicates that the stock is not keeping pace with the overall market trend. Additionally, the stock's liquidity appears adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 27.57% against the five-day average. The company's ongoing negative results, including six consecutive quarters of poor performance, further highlight the challenges it faces, leading to a perception of weak long-term growth potential.