Why is Delton Cables falling/rising?

As of 12-Jun, Delton Cables Ltd is experiencing a decline in its stock price, currently at Rs 765.90, reflecting a decrease of Rs 40.3 or 5.0%. The stock has underperformed its sector by 3.49% today and has been on a downward trend for the last two days, with a total drop of 9.75% during this period. Despite reaching an intraday high of Rs 830, it has also touched a low of Rs 765.90. In terms of returns, the stock has seen a 3.30% decline over the past week, while it has performed well over the past month with a 33.03% increase. However, year-to-date, it has fallen by 27.33%, contrasting with a 66.21% gain over the past year, indicating a volatile performance.
In the broader market context, the Sensex has shown a slight increase of 0.31% over the past week, highlighting that Delton Cables' recent struggles are not reflective of the overall market trend. The company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 41.34% and net profit rising by 67.86%, supported by positive results over the last eight quarters. Despite these positive fundamentals, the stock's recent performance has been hindered by falling investor participation and liquidity issues, as evidenced by a decline in delivery volume. This combination of factors has contributed to the stock's current downward trajectory, despite its historical outperformance against benchmarks over longer periods.