Why is Prec. Wires (I) falling/rising?

As of 18-Jul, Precision Wires India Ltd is currently priced at 190.85, reflecting a decrease of 0.6, or 0.31%. The stock has been experiencing a downward trend, having lost 3% over the last four days. Despite this recent decline, the stock has shown strong performance over longer periods, with a 21.72% return over the past year and a remarkable 305.67% increase over the last three years. However, today's trading activity indicates a falling investor participation, with delivery volume dropping by 55.15% compared to the five-day average. The stock remains liquid enough for trading, and its moving averages suggest it is performing better than longer-term averages, although it is currently below the five-day moving average.
In the broader market context, the stock has outperformed the benchmark Sensex in various time frames, including a 7.73% increase over the past month compared to the benchmark's 0.38%. This indicates that while the stock is facing short-term challenges, it has maintained a strong performance relative to the market over the longer term. The company's low debt-to-equity ratio and positive financial results, such as the highest recorded net sales and return on capital employed, suggest a solid underlying business, which may support a recovery in stock price despite the recent declines.