Why is Dynamic Cables falling/rising?

As of 23-Sep, Dynamic Cables Ltd is experiencing a decline in its stock price, currently at 413.30, reflecting a decrease of 4.85 points or 1.16%. The stock has underperformed its sector by 1.08% today and has been on a downward trend for the last two days, with a total decline of 3.34% during this period. Over the past week, the stock has fallen by 3.93%, and its performance over the last month shows a significant drop of 9.36%. Despite these short-term challenges, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.70 times and positive results over the last four quarters, including a notable growth in profits. The stock is currently trading at a discount compared to its peers, with a Price to Book Value of 5.4, and has generated a substantial return of 45.31% over the past year, indicating a strong market-beating performance despite recent price declines.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Dynamic Cables has underperformed this benchmark significantly. The stock's year-to-date performance is down 14.17%, contrasting sharply with the Sensex's gain of 5.07% during the same period. This disparity highlights the stock's recent struggles despite its impressive long-term returns, which have outpaced the broader market over the past year and three years. The rising investor participation, indicated by a 79.75% increase in delivery volume, suggests that there is still interest in the stock, but the recent price movements reflect broader market pressures and short-term volatility.