Why is Wonder Electric. falling/rising?

As of 23-Sep, Wonder Electricals Ltd is experiencing a decline in its stock price, currently at Rs 156.00, which represents a decrease of Rs 3.45 or 2.16%. Today's performance indicates that the stock has underperformed its sector by 2.33%, with an intraday low matching its current price. Over the past week, the stock has seen a decline of 1.73%, while it has performed positively over the last month with a return of 7.55%. However, the stock's year-to-date performance is down by 6.45%. The recent financial results have shown significant declines in net sales and profits, with net sales falling by 30.8% compared to the previous four-quarter average, and a substantial drop in both profit before tax and profit after tax. Additionally, the stock's valuation appears expensive relative to its return on capital employed, and the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's current price.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, which suggests that the stock's short-term performance is worse than the benchmark. Despite a strong three-year return of 785.36%, the stock's recent performance has been overshadowed by poor quarterly results and declining investor participation, as evidenced by a 21.09% drop in delivery volume compared to the five-day average. While the stock has outperformed the BSE500 over the last three years, the current market sentiment appears to be influenced by the recent financial performance and valuation concerns, contributing to its downward movement.