Why is Wonder Electric. falling/rising?

As of 28-Jul, Wonder Electricals Ltd is experiencing a decline in its stock price, currently at Rs 166.30, which reflects a decrease of Rs 1.2 or 0.72%. The stock has been underperforming, having fallen for the last three consecutive days with a total decline of 2.46%. Although it opened with a gain of 2.39% today and reached an intraday high of Rs 171.5, the overall performance has been hindered by a significant drop in investor participation, with delivery volume decreasing by 51.16% compared to the five-day average. Despite the company showing healthy long-term growth with a 30.95% annual increase in net sales and a remarkable 80.55% growth in net profit, the recent price movement suggests a struggle to maintain momentum in the face of declining trading activity.
In the broader market context, Wonder Electricals Ltd has outperformed the benchmark Sensex over various periods, including a 3.29% increase over the past week compared to a 1.59% decline in the Sensex. However, the stock's recent performance contrasts with its historical returns, as it has generated a 34.26% return over the past year while the Sensex has only seen a slight decline of 0.54%. This indicates that while the stock has shown resilience in the long term, the current short-term trends and falling investor interest may be contributing to its recent price decline, suggesting a cautious sentiment among investors despite the company's strong fundamentals.