Why is Universal Cables falling/rising?

As of 09-Jul, Universal Cables Ltd. is currently priced at 787.05, reflecting a decrease of 15.15, or 1.89%. Today's price summary indicates that the stock has underperformed its sector by 1.34% and has experienced a trend reversal after two consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive long-term trend. Over the past year, the stock has generated a return of 4.55%, although its profits have decreased by 17.4%. The stock is also trading at a discount compared to its peers' average historical valuations, which may indicate an attractive investment opportunity despite the recent price drop.
In the broader market context, Universal Cables has outperformed the Sensex over the past week and month, with returns of 2.35% and 25.50%, respectively, compared to the Sensex's 0.15% and 1.32%. However, year-to-date, the stock has underperformed the benchmark, with a decline of 3.34% against the Sensex's gain of 6.91%. This mixed performance suggests that while the stock has shown strong returns over longer periods, recent investor participation has fallen, as indicated by a 28.4% decrease in delivery volume. This decline in investor engagement may be contributing to the stock's current downward movement.