Why is DDev Plastiks falling/rising?

As of 28-Jul, DDev Plastiks Industries Ltd is experiencing a decline in its stock price, currently at Rs 304.90, which reflects a decrease of Rs 4.5 or 1.45%. The stock has been underperforming, having lost 6.26% over the last two days and underperforming its sector by 0.76% today. It touched an intraday low of Rs 300, indicating a significant drop of 3.04%. Over the past week, the stock has decreased by 3.33%, while it has shown a more favorable performance over the past month with a gain of 12.78%. Despite a long-term growth in operating profit at an annual rate of 39.27%, the stock's return over the past year has been negative at -30.06%, which may contribute to investor concerns.
In the broader market context, the Sensex has also seen a decline of 1.59% over the past week, suggesting that the market conditions are challenging. However, DDev Plastiks' performance over the year contrasts with the benchmark, which has only fallen by 0.54%. The stock's liquidity appears adequate for trading, but there has been a notable drop in investor participation, with delivery volume decreasing by 58.74% against the five-day average. While the company maintains a low debt-to-equity ratio and an attractive valuation, these positive factors may not be sufficient to counteract the recent negative sentiment reflected in the stock's performance.