Why is Dixon Technolog. falling/rising?

As of 03-Jul, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at 15,069.45, which reflects a decrease of 94.4 points or 0.62%. Today's price summary indicates that the stock has underperformed its sector by 0.55%, with a delivery volume that has fallen by 11.79% against the 5-day average. In terms of returns, the stock has shown a 5.43% increase over the past week, but it has a year-to-date decline of 15.96%. Despite these recent challenges, the company has demonstrated strong long-term fundamentals, with a robust average Return on Equity (ROE) of 21.32% and significant growth in net sales and operating profit. However, the stock's high valuation, indicated by a ROCE of 35.9 and an expensive enterprise value to capital employed ratio, may be contributing to investor caution.
In the broader market context, while Dixon Technologies has outperformed the benchmark Sensex over the past year with a return of 19.15% compared to the Sensex's 6.53%, it is currently facing headwinds in the short term. The Sensex has experienced a slight decline of 0.62% over the same week, which suggests that the broader market sentiment may be affecting investor confidence in the stock. Despite its strong institutional holdings and market-leading position, the recent underperformance relative to its sector and declining investor participation could be influencing the stock's current downward movement.