Why is Dixon Technolog. falling/rising?

As of 30-Jul, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at 16,750.00, which reflects a decrease of 48.0 points or 0.29%. Today's price summary indicates that the stock has underperformed its sector by 0.27% and has seen a trend reversal after two consecutive days of gains. Despite trading above its moving averages, the stock's delivery volume has significantly decreased, falling by 50.51% compared to the 5-day average. Over the past week, the stock has gained 1.18%, while it has outperformed the benchmark Sensex over the past month with a return of 12.03%. However, year-to-date, the stock is down 6.59%, contrasting with the Sensex's gain of 4.28%. The company's strong long-term fundamentals, including a robust return on equity and impressive growth in net sales and profit, support its potential; however, concerns about reducing promoter confidence and high valuations may be contributing to the recent price decline.
Broader Market Context: In the context of the broader market, Dixon Technologies has managed to outperform the Sensex over various periods, particularly with a remarkable 39.97% return over the past year, while the Sensex has remained nearly flat at 0.03%. Despite this strong performance relative to the market, the stock's recent decline may reflect broader investor sentiment and market dynamics, particularly given the recent drop in promoter stake, which could signal reduced confidence in the company's future prospects. The overall market has faced negative returns, with the BSE500 down 2.34% in the last year, which may also be influencing investor behavior towards Dixon Technologies.