Why is DEE Development falling/rising?

As of 04-Jul, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at Rs 313.00, which reflects a decrease of Rs 6.5 or 2.03%. The stock has underperformed its sector today by 2.25% and has been on a consecutive downward trend for the last two days, accumulating a total loss of 2.92% during this period. Additionally, the stock's performance over the past week shows a decline of 2.22%, while it has seen a more favorable return of 11.25% over the past month. Despite the recent downturn, the company has reported strong long-term growth, with operating profit increasing at an annual rate of 53.79%, and institutional investors have raised their stakes, indicating a positive outlook from more knowledgeable market participants.
In the broader market context, the Sensex has also seen a slight decline of 0.74% over the past week, suggesting that the stock's short-term performance is not entirely isolated from market trends. However, DEE Development's year-to-date return of 2.19% lags behind the Sensex's 6.77%, indicating a weaker performance relative to the broader market. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 63.77% compared to the five-day average may signal reduced investor interest, contributing to the stock's current downward trajectory. Overall, while the company shows promising long-term fundamentals, the recent price movement reflects short-term challenges and market sentiment.