Why is Plaza Wires falling/rising?

As of 23-Jun, Plaza Wires Ltd is experiencing a decline in its stock price, currently at 58.62, reflecting a decrease of 0.92 or 1.55%. The stock has underperformed its sector today by 3.9%, and its recent performance shows a 1-week return of -1.56% and a 1-month return of -2.54%. Although the company reported positive results in March, including the highest net sales and operating profit margins, it has faced significant challenges with a -34.22% return over the past year and a -22% decline in profits. Additionally, the stock's liquidity appears adequate, but there has been a notable drop in investor participation, with delivery volume falling by 73.1% against the 5-day average.
In the broader market context, the Sensex has shown a slight gain of 0.12% over the past week, contrasting with Plaza Wires' negative returns. The cable sector, in which Plaza operates, has gained 2.36%, indicating a stronger performance in the industry compared to the company itself. The stock's long-term fundamentals are weak, with a -20.36% CAGR growth in operating profits over the last five years and a low return on equity of 2.72%. This underperformance relative to both the market and its sector contributes to the ongoing decline in Plaza Wires' stock price.