Why is Wonder Electric. falling/rising?

As of 24-Sep, Wonder Electricals Ltd is experiencing a decline in its stock price, currently at Rs 152.15, which represents a decrease of Rs 4.65 or 2.97%. The stock has underperformed its sector by 2.8% today and has been on a downward trend for the last two days, accumulating a total loss of 4.58% during this period. Additionally, the stock's performance over the past week shows a decline of 5.64%, while it has seen a modest increase of 4.89% over the past month. However, the stock's year-to-date performance is notably poor, with a decrease of 8.76%. The recent financial results have not been favorable, with significant drops in net sales and profit before tax compared to previous quarters, contributing to a perception of an expensive valuation relative to its earnings.
In the broader market context, the Sensex has only declined by 1.18% over the past week, indicating that Wonder Electricals Ltd's recent performance is significantly worse than the overall market. The stock's liquidity is adequate, but there has been a marked decrease in investor participation, with delivery volume dropping by 57.67% against the five-day average. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors regarding the stock's valuation and future prospects. Despite consistent returns over the last three years, the recent flat financial results and high valuation metrics have led to a negative sentiment surrounding the stock, contributing to its current decline.