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

As of 06-Oct, Precision Wires India Ltd is experiencing a decline in its stock price, currently at Rs 207.55, which reflects a decrease of Rs 1.25 or 0.6%. The stock has shown a trend reversal after two consecutive days of gains, and today it underperformed its sector by 0.49%. Despite this, the stock has demonstrated strong performance over the past week, with a return of 12.68%, and has consistently outperformed the benchmark Sensex across various time frames, including a year-to-date return of 21.37%. The stock is trading above its moving averages, indicating a generally positive trend, and there has been a significant increase in investor participation, with delivery volume rising by 633.68% compared to the 5-day average.
In the broader market context, while the stock has seen a recent decline, its short-term performance remains strong compared to the Sensex, which gained only 1.77% over the past week. The company's low debt-to-equity ratio and healthy long-term growth, with net sales increasing at an annual rate of 27.28%, contribute positively to its outlook. Additionally, the stock has generated consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods. These factors suggest that while the stock is currently facing a slight downturn, its overall performance and fundamentals remain robust, indicating potential for recovery.