Why is Dixon Technolog. falling/rising?

As of 22-Sep, Dixon Technologies (India) Ltd is experiencing a decline in its stock price, currently at 18,087.20, which reflects a decrease of 101.3 points or 0.56%. The stock has been losing value for the last two days, with a total drop of 1.31% during this period. Despite this recent downturn, the stock has shown positive performance over the past month, gaining 7.10%, and has outperformed the benchmark Sensex, which increased by only 1.05%. The company has strong long-term fundamentals, evidenced by a robust average Return on Equity (ROE) of 21.32% and significant growth in net sales and operating profit. However, concerns arise from a decrease in promoter confidence, as they have reduced their stake by 3.32%, which may indicate a lack of confidence in the company's future prospects.
In the broader market context, Dixon Technologies has outperformed the Sensex over various time frames, including a remarkable 29.88% return over the past year compared to the Sensex's decline of 2.82%. This strong performance in the long term contrasts with the recent short-term decline, suggesting that while the stock has solid fundamentals and growth potential, the recent price drop may be influenced by short-term market sentiment and reduced promoter confidence. The stock's liquidity remains healthy, with a significant increase in delivery volume, indicating ongoing investor interest despite the recent price decline.