Why is Dixon Technolog. falling/rising?

As of 09-Sep, Dixon Technologies (India) Ltd is currently priced at 17,997.80, reflecting a decrease of 13.65 points or 0.08%. Despite this slight decline, the stock has shown strong performance over the past week and month, with returns of 2.56% and 13.45%, respectively. However, today's performance indicates that it underperformed its sector by 0.39%. The stock is trading above its moving averages across various time frames, suggesting a generally positive trend. Nonetheless, there has been a significant drop in investor participation, with delivery volume falling by 70.37% compared to the five-day average. While the company has demonstrated strong long-term fundamentals, including a robust return on equity and consistent growth in net sales and profit, the recent decrease in promoter stake by 3.32% raises concerns about confidence in the company's future.
In the broader market context, Dixon Technologies has outperformed the benchmark Sensex over the past week and month, with the stock returning 2.56% compared to the Sensex's 1.18% in the same timeframe. However, year-to-date, the stock has lagged behind the benchmark, with a return of 0.37% versus the Sensex's 3.79%. This mixed performance highlights the stock's volatility and the potential impact of reduced promoter confidence on investor sentiment. Despite the company's strong fundamentals and market position, the recent decline in stock price may reflect broader market uncertainties and investor caution.