Why is Wonder Electric. falling/rising?

As of 01-Jul, Wonder Electricals Ltd is experiencing a decline in its stock price, currently at Rs 160.70, reflecting a decrease of Rs 1.3 or 0.8%. The stock has been on a downward trend, having fallen consecutively for the last two days, with a total return decline of 1.08% during this period. It has also underperformed in the short term, with a 1-week return of -2.01% compared to the Sensex's gain of +2.00%. Despite a strong long-term performance, including a 68.80% return over the past year, the stock is currently trading below its moving averages and has seen a significant drop in investor participation, with delivery volume falling by 55.17% against the 5-day average.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex in both the 1-week and 1-month periods, where the Sensex has gained 2.00% and 2.76%, respectively. This underperformance may be exacerbated by concerns over the stock's valuation, as indicated by its high PEG ratio of 2.1 and low domestic mutual fund ownership, which suggests a lack of confidence among institutional investors. While the company has demonstrated healthy long-term growth with significant increases in net sales and profits, the current market sentiment appears to be cautious, leading to the stock's decline.