Why is Delton Cables falling/rising?

As of 11-Aug, Delton Cables Ltd is experiencing a decline in its stock price, currently at Rs 659.85, which reflects a decrease of Rs 34.7 or 5.0%. The stock has been underperforming significantly, with a consecutive fall over the last five days resulting in a total decline of 22.33%. Today, it opened with a loss of 4.25% and reached an intraday low of Rs 659.85. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While the company has shown healthy long-term growth with a net sales increase of 43.41% annually and consistent returns over the past three years, recent quarterly results have been disappointing, with net sales and profit after tax falling by 11.8% and 12.1%, respectively, compared to previous averages.
In the broader market context, Delton Cables has significantly underperformed the benchmark Sensex, which has only declined by 0.51% over the past week. The stock's year-to-date performance shows a stark contrast, with a decline of 37.39% compared to the Sensex's gain of 3.15%. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's valuation or business prospects. Despite its historical outperformance and a fair valuation compared to peers, the recent flat quarterly results and the ongoing decline in stock price suggest that investor sentiment is currently negative, contributing to the stock's downward trajectory.