Why is Dixon Technolog. falling/rising?

As of 08-Aug, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at Rs 15,864.05, which reflects a decrease of Rs 791.95 or 4.75%. Today's price summary indicates that the stock touched an intraday low of Rs 15,825, marking a decline of 4.99%. Despite outperforming its sector by 2.65%, the stock has shown a negative performance over the past week, down 5.77%, while it has gained 2.55% over the past month. The stock's long-term fundamentals remain strong, with a healthy growth in net sales and profit, but concerns arise from a decrease in promoter confidence, as they have reduced their stake by 3.32%. This reduction may signal a lack of confidence in the company's future, contributing to the stock's recent downward movement.
In the broader market context, the Sensex has only declined by 0.92% over the past week, indicating that Dixon Technologies is underperforming relative to the benchmark. While the stock has generated a significant return of 38.58% over the past year, its year-to-date performance is down 11.53%, contrasting with the Sensex's positive return of 2.20%. The consumer durables sector, to which Dixon belongs, has also faced challenges, with a decline of 7.82%. This sector-wide downturn, combined with falling investor participation and liquidity issues, has likely contributed to the stock's current price decline.