Why is Dynamic Cables falling/rising?

As of 29-Aug, Dynamic Cables Ltd is experiencing a decline in its stock price, currently at Rs 420.65, which reflects a decrease of Rs 6.35 or 1.49%. The stock has been underperforming recently, having fallen for the last six consecutive days, resulting in a total decline of 12.34% during this period. Today's trading saw the stock reach a high of Rs 436 and a low of Rs 417.85, with a weighted average price indicating more volume traded closer to the lower price. In terms of returns, the stock has underperformed the benchmark Sensex over the past week with a decline of 7.75% compared to the Sensex's 1.84% drop, although it has shown a positive return of 4.94% over the past month.
Despite the recent price decline, the company has demonstrated strong financial performance, with a low Debt to EBITDA ratio of 0.70 times and positive results over the last four quarters, including a 64.64% growth in PAT and a 31.99% increase in net sales. The stock's attractive valuation, trading at a discount compared to peers, and a significant return of 43.81% over the past year, further highlight its potential. However, the falling investor participation, evidenced by an 84.08% drop in delivery volume, may be contributing to the recent price decline, indicating a lack of confidence among investors despite the company's solid fundamentals.