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

As of 21-Jul, Precision Wires India Ltd is currently priced at 190.00, reflecting a decrease of 0.85, or 0.45%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 3.43% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 26.88% increase over the past year and a remarkable 303.58% rise over the last three years. However, today's trading activity indicates a significant drop in investor participation, with delivery volume decreasing by 70.04% compared to the five-day average. While the company maintains a low debt-to-equity ratio and has reported positive financial results, including the highest net sales and ROCE, the recent negative momentum may be affecting investor sentiment.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has only declined by 0.06% over the past week. This underperformance relative to the benchmark highlights the stock's current struggles, despite its strong long-term returns. The overall market conditions appear to be less volatile, which may be contributing to the stock's recent decline as investors reassess their positions. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume suggests a cautious approach from investors in the current environment.