Why is Wonder Electric. falling/rising?

As of 22-Sep, Wonder Electricals Ltd is experiencing a price increase, currently at Rs 159.45, reflecting a rise of 1.4 (0.89%). The stock has shown a positive trend today, outperforming its sector by 1.58% and reversing a two-day decline. It reached an intraday high of Rs 162, marking a 2.5% increase. Over the past week, the stock has gained 3.51%, and over the past month, it has risen by 9.93%. However, it is important to note that the stock's delivery volume has significantly decreased by 60.59% compared to the five-day average, indicating falling investor participation. Despite generating a 4.22% return over the last year, the company has faced challenges with flat results in June, including a substantial decline in net sales and profit before tax.
In the broader market context, Wonder Electricals has outperformed the Sensex in the short term, with a 3.51% increase over the past week compared to the benchmark's 0.46% rise. While the stock has shown strong returns over the last three years, its recent performance is tempered by concerns regarding its financial results and low domestic mutual fund interest, which may reflect a lack of confidence at current price levels. The stock's valuation appears expensive relative to its return on capital employed, and the significant drop in key financial metrics raises questions about its sustainability.