Why is Dynamic Cables falling/rising?

As of 01-Aug, Dynamic Cables Ltd is experiencing a decline in its stock price, currently at Rs 390.10, which represents a decrease of Rs 9.9 or 2.47%. The stock has underperformed its sector today by 1.39% and has been on a consecutive downward trend for the last two days, accumulating a total loss of 3.56%. Additionally, the stock has shown a significant decline over the past month, with a return of -15.20%, while the year-to-date performance is also negative at -18.99%. Despite these recent struggles, the company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.70 times and has reported positive results for the last four consecutive quarters, indicating a solid ability to service its debt.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.74% compared to the Sensex's -1.06%. While the company has outperformed the market over the long term, including a remarkable 395.21% increase over the past three years, the recent declines suggest a shift in investor sentiment, potentially influenced by falling investor participation and lower delivery volumes. The stock's current trading price is below several moving averages, indicating a bearish trend, despite its attractive valuation metrics and strong historical performance.