Why is DEE Development falling/rising?

As of 31-Jul, DEE Development Engineers Ltd is experiencing a decline in its stock price, currently at 276.75, reflecting a decrease of 12.6 points or 4.35%. The stock has underperformed its sector by 4.76% today, opening with a loss of 3.61% and reaching an intraday low of Rs 274.3, which is a 5.2% drop. Over the past week, the stock has decreased by 7.73%, and in the last month, it has fallen by 12.14%. Despite these declines, the company has shown healthy long-term growth, with operating profit increasing at an annual rate of 53.79%. Notably, the profit before tax has surged by 2808.4% compared to the previous four-quarter average, and net sales have grown by 46.1%. However, the stock's performance over the past year has been negative, with a return of -25.02%, despite a 66% increase in profits.
In the broader market context, DEE Development's short-term performance has significantly lagged behind the Sensex, which has only dropped by 1.22% over the past week and 3.00% over the past month. This underperformance indicates that while the company is achieving strong operational metrics, it is struggling to attract investor confidence in the current market environment. The stock's liquidity remains adequate, with a delivery volume increase of 1.1% against the five-day average, suggesting some level of investor interest. However, the overall negative sentiment reflected in the stock's price movement and its substantial decline compared to the benchmark indicates challenges that may be affecting investor perceptions and market positioning.