Why is Dixon Technolog. falling/rising?

As of 21-Aug, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at 16,726.30, reflecting a decrease of 147.6 points or 0.87%. The stock has underperformed its sector by 0.63% today and has seen a consecutive fall over the last two days, resulting in a total decline of 1.06%. Despite this recent downturn, the stock has shown positive performance over the past week and month, with returns of 3.25% and 2.74%, respectively. However, it has a year-to-date decline of 6.72%. The company has strong long-term fundamentals, including a robust average Return on Equity (ROE) of 21.32% and significant growth in net sales and operating profit. Nevertheless, a recent decrease in promoter stake by 3.32% raises concerns about future confidence in the business.
In the broader market context, while Dixon Technologies has outperformed the Sensex in the past year with a return of 31.54% compared to the index's 1.35%, it has lagged behind in the year-to-date performance. The Sensex has gained 4.94% during the same period. The stock's recent decline may be attributed to the combination of short-term negative sentiment due to falling prices and the reduction in promoter confidence, despite its strong historical performance and market position. The liquidity of the stock remains healthy, which may provide some support against further declines, but the overall market sentiment appears to be weighing on its current price movement.