Why is Universal Cables falling/rising?

As of 27-Jun, Universal Cables Ltd. is experiencing a decline in its stock price, currently at 745.35, which reflects a decrease of 19.05 or 2.49%. Today's price summary indicates that the stock opened with a gain of 4.11% but subsequently fell, marking a trend reversal after two consecutive days of gains. The stock touched an intraday high of Rs 795.85 before dropping to a low of Rs 740.65. Despite a strong performance over the past week and month, with returns of 9.68% and 20.15% respectively, the stock has underperformed its sector by 2.44% today. Additionally, while the stock has generated a 4.03% return over the past year, its profits have decreased by 17.4%, contributing to a perception of weak long-term fundamental strength.
In the broader market context, the Sensex has increased by 2.00% over the past week and 3.07% over the past month, indicating that Universal Cables' recent performance is lagging behind the benchmark. The stock's long-term growth prospects appear limited, with a low Return on Capital Employed (ROCE) of 5.8 and a concerning debt-to-equity ratio of 0.48 times. Although the stock is trading at a discount compared to its peers, the weak fundamentals, including poor sales growth and a low EBIT to interest ratio, suggest that investor confidence may be waning, contributing to the recent price decline.