Why is Dynamic Cables falling/rising?

As of 30-Sep, Dynamic Cables Ltd is currently priced at 388.80, reflecting a decrease of 5.15 points or 1.31%. The stock has been underperforming, having lost 9.07% over the last seven days and is trading below its moving averages across various timeframes. Today's performance indicates a day’s high of Rs 402.95 and a low of Rs 381.6, with more volume traded closer to the low price. Despite a strong ability to service debt and positive financial results over the last four quarters, the stock's recent decline suggests that investor participation is waning, as evidenced by a significant drop in delivery volume.
In the broader market context, the stock has underperformed against the benchmark Sensex, which has only declined by 2.23% over the past week, while Dynamic Cables has dropped by 6.11%. Although the company has shown strong growth in profits and sales, and has outperformed the market over the past year with a return of 45.81%, the current trend indicates a struggle to maintain investor interest amid recent price declines. The stock's attractive valuation compared to peers may not be sufficient to counteract the recent negative sentiment and falling participation in the market.