Why is Dixon Technolog. falling/rising?

As of 19-Sep, Dixon Technologies (India) Ltd is currently priced at 18,188.50, reflecting a decrease of 138.5 points or 0.76%. The stock's performance today is in line with the sector, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a modest increase of 0.49%, while it has outperformed the benchmark Sensex over the past month with a return of 7.59% compared to the Sensex's 1.20%. Despite strong long-term fundamentals, including a significant growth in net profit and consistent positive results over the last ten quarters, the recent decline in stock price may be influenced by a reduction in promoter confidence, as they have decreased their stake by 3.32% in the previous quarter.
In the broader market context, while Dixon Technologies has shown strong performance over the long term, with a 32.29% return over the past year compared to the Sensex's decline of 0.67%, the current short-term performance indicates a slight downturn. The stock's recent price drop may reflect broader market sentiments or concerns regarding the sustainability of its high valuations, as indicated by its expensive valuation metrics. Overall, while the company maintains strong fundamentals, the decrease in promoter stake and the stock's current price movement suggest a cautious outlook among investors.