Why is DEE Development falling/rising?

As of 26-Jun, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at Rs 312.95, which reflects a decrease of Rs 1.05 or 0.33%. Today's price summary indicates that the stock underperformed its sector by 0.42%, despite reaching an intraday high of Rs 328.8 earlier in the day, representing a 4.71% increase. Over the past week, the stock has shown a strong performance with an 8.49% increase, and over the last month, it has risen by 23.43%. However, the stock has generated a negative return of 6.58% over the past year, even as its profits have increased by 66%. The recent decline in delivery volume, which fell by 23.35% against the 5-day average, suggests a decrease in investor participation, which may be contributing to the current price drop.
In the broader market context, DEE Development's recent performance contrasts with the Sensex, which has increased by 2.94% over the past week and 1.92% over the past month. While the stock has shown strong short-term returns, the year-to-date performance of 2.17% lags behind the Sensex's 7.19% increase. The positive factors include a healthy long-term growth outlook, with operating profit growing at an annual rate of 53.79% and an increase in institutional investor participation, which rose by 0.73% in the previous quarter. However, the stock's overall performance remains under pressure due to its year-long negative return and declining trading volume, indicating a cautious sentiment among investors.