Why is Universal Cables falling/rising?

As of 04-Jul, Universal Cables Ltd. is experiencing a decline in its stock price, currently at Rs 781.15, which represents a decrease of 3.85 or 0.49%. Today's performance indicates that the stock has underperformed its sector by 0.46%, with an intraday low of Rs 769.05, reflecting a drop of 2.03%. Despite this, the stock has shown strong performance over the past week and month, with returns of 4.80% and 26.06%, respectively. However, the stock's year-to-date performance is down by 4.07%, and it has seen a significant fall in investor participation, with delivery volume dropping by 52.72% compared to the 5-day average. While the stock is trading above its moving averages, the decline in profits by 17.4% over the past year and a weak long-term fundamental strength, indicated by a low Return on Capital Employed (ROCE) of 5.8, are concerning factors.
In the broader market context, the Sensex has shown a slight decline of 0.74% over the past week, while Universal Cables has outperformed it during the same period. The stock's performance over the last year has been modest, generating a return of 3.12%, which is slightly below the Sensex's return of 4.23%. Despite its attractive valuation compared to peers and consistent returns over the last three years, the company's weak long-term growth and high debt-equity ratio raise concerns among investors. These factors contribute to the current downward movement in the stock price, as market sentiment appears to be cautious amidst declining profitability and reduced investor engagement.