Why is Dalmia BharatLtd falling/rising?

As of 22-Sep, Dalmia Bharat Ltd's stock price is currently at Rs 2,378.75, reflecting a decrease of Rs 32.15 or 1.33%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 3.88%. Despite opening with a gain of 2% today and reaching an intraday high of Rs 2,459.05, it has not sustained this momentum. Over the past week, the stock has decreased by 1.44%, although it has shown a positive return of 2.18% over the past month and an impressive 34.79% year-to-date. The company's low debt-to-equity ratio of 0.03 times and strong quarterly results, including a 98.5% growth in PAT, suggest solid fundamentals; however, falling investor participation, with a significant drop in delivery volume, may be contributing to the recent price decline.
In the broader market context, Dalmia Bharat Ltd's recent performance contrasts with the benchmark Sensex, which has gained 0.46% over the past week. While the stock has outperformed the market significantly over the past year, generating a return of 29.84% compared to the Sensex's decline of 2.82%, its recent underperformance indicates a potential shift in investor sentiment. The high institutional holdings at 25.74% may provide some stability, but the recent drop in trading volume suggests that retail investors may be losing interest, which could further pressure the stock price in the short term.