Why is Dixon Technolog. falling/rising?

As of 18-Jul, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at 15,944.25, which reflects a decrease of 159.45 points or 0.99%. Today's price summary indicates that the stock has fallen after two consecutive days of gains, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a positive performance over the past week, gaining 1.11%, and over the past month, it has increased by 10.89%. However, there is a noted decrease in investor participation, with delivery volume falling by 26.21% against the 5-day average. Despite these short-term fluctuations, the company has demonstrated strong long-term fundamentals, including a robust return on equity of 21.32% and significant growth in net sales and profits, which have contributed to its strong buy recommendation.
In the broader market context, while Dixon Technologies has outperformed the benchmark Sensex over the past year with a return of 33.46% compared to the Sensex's 0.51%, it is important to note that the stock's year-to-date performance shows a decline of 11.08%, contrasting with the Sensex's gain of 4.63%. This divergence highlights the stock's volatility and the potential impact of market conditions on its performance. The company's high institutional holdings at 44.88% suggest confidence among larger investors, yet the current decline may reflect broader market sentiments or profit-taking after recent gains.