Why is Dixon Technolog. falling/rising?

As of 20-Aug, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at 16,873.90, reflecting a decrease of 31.35 points or 0.19%. The stock has recently shown a trend reversal, falling after four consecutive days of gains. Despite this drop, it is still trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 5.78%, and over the past month, it has risen by 5.83%. However, there has been a notable decrease in investor participation, with delivery volume falling by 29.7% against the 5-day average. The company has strong long-term fundamentals, including a high return on equity and significant growth in net sales and profit, but the recent decrease in promoter stake may indicate reduced confidence in the company's future.
Broader market context shows that while Dixon Technologies has outperformed the Sensex over the past year with a return of 33.14% compared to the index's 1.31%, its year-to-date performance is lagging, with a decline of 5.90% against the Sensex's gain of 4.76%. The stock's recent performance is consistent with a broader trend of declining investor participation, which could be affecting its price negatively. Despite its strong fundamentals and market position, the combination of reduced promoter confidence and falling delivery volumes may be contributing to the stock's current downward movement.